Category:Fixed Prices: Difference between revisions

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*'''Strategy''' - Set whether you allow the rate to be undercut with a lower rate.
*'''Strategy''' - Set whether you allow the rate to be undercut with a lower rate.
**Allow lower prices - this is the default and will always apply the lowest price for the guests selection
**Default (Allow lower prices) - this will always apply the lowest price for the guests selection
**Do not allow lower prices - lower prices or shorter stays (if this rates minimum stay is greater than one) will not be allowed (Note for channel management: if you use multiple rate codes this blocks only this rate code)
**Do not allow lower prices - lower prices or shorter stays (if this rates minimum stay is greater than one) will not be allowed (Note for channel management: if you use multiple rate codes this blocks only this rate code)
**Do not allow any other prices - all other prices will be overridden (Note for channel management: if you use multiple rate codes this blocks all other rate codes)
**Do not allow any other prices - all other prices will be overridden (Note for channel management: if you use multiple rate codes this blocks all other rate codes)
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If you use rates you do not need to set up Daily Prices for every day. If required you can use a Daily Price to adjust the prices for an individual date or date range.
If you use rates you do not need to set up Daily Prices for every day. If required you can use a Daily Price to adjust the prices for an individual date or date range.


If you are using Daily Prices and Rates you can define your price strategy in SETTINGS -> BOOKING RULES click on "Daily Price Strategy" to open and select if your daily prices can be undercut by rates ("Allow Lower Prices") or cannot be undercut by rates ("Do Not Allow Lower Prices").
If you are using Daily Prices and Rates you can define your price strategy in SETTINGS -> BOOKING RULES click on "Daily Price Strategy" to open and select if your daily prices can be undercut by rates ("Default") or cannot be undercut by rates ("Do Not Allow Lower Prices").