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Daily Prices can be used:*if If you want to fine tune dynamically adjust prices on a daily basisit is best to use daily prices. *if If you do not use Last Minute or Early Bird pricinghave more complex rules rates can be used.
If you have more complex restrictions you need to use rates
Rates can be usedUse rates instead of daily prices:*to fill gaps when a minimum stay is required*if you have children prices (these do not send to channels)*for prices for extra guests or extra children*if you require the guest (these do not send to book more than one day before Check-in*if you want a price to be available only certain days in advance (e.g. Last Minute or Early Birdchannels)
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To show/send availability the system needs a price for the guests selection. If you have no prices for a certain date the system will show no availability. For this reason it is important to keep prices up-to-date.
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The system has two types of prices:
Daily Prices are prices for one date. Up to four prices per date can be defined for example for different occupancies.
==Rates==
Rates have a start and end date so they apply to a range of dates. Rates contain many more rules about the conditions which must apply to make them available. Multiple rates can be used to create complex pricing structures. If multiple rates are available for the same dates the rules of each rate will determine which rate is offered.
*if you want to allow guest to enquire when no price can be found but the room is not fully booked
*if you have extras (upsell items) which only apply to certain rooms*for special pricing for channel managementoffer referrer discounts
== Combination on Daily Prices and Rates ==
*For example Daily Prices can be used to override the price and conditions of a rate for individual dates.
*The booking rules for your rates and daily prices will determine which daily price or rate will be used.
Note: Rules in rates have no effect on daily prices.
==Set up Prices==
The [http://www.beds24.com/wizard/index.php Rate Wizard] guides you through the setup of common rate types.
==Multiplier==
You can add a "Multiplier" in the CALENDAR to increase or lower all prices on a certain day or date range.If you use rates you can deacativate the multiplier by setting "Allow Multiplier" = No in the Summary tab of the rate.
For most channels a "Multiplier" can be set in in channel manger settings. Check the channels help pages for instructions.
==Prices for OTA channels and your own booking page==
Prices are used for the channels and/or the Beds24 booking page according to what is ticked under "Enable" in the daily price settings or the "Channels" tab of a rate.
See [[Setting_Prices_for_Booking_Channels|this help page]] for specific information on how to set prices for OTA channels.
==Check Prices==
The 'Price Check Tool' shows you which prices and rules apply for specific dates/selections and why a certain price or rule was applied or not applied. You can find links to the 'Price Check Tool' on the RATES, CALENDAR and SUPPORT pages.
