[[Category:Prices_and_Availability]]
[[Category:Daily_Use]]
[[Category:Use_Cases]]
[[Category:How to]]
[[Category:Getting_Started]]
<div class="heading">Prices</div>
This page is about the menu PRICES and gives on overview on prices.
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=General=
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.
<embedvideo service="youtube">https://youtu.be/psU00sCgS4w</embedvideo>
<span class="" style="color: #f3e504; font-size: 250%;" >{{#fas:lightbulb}} </span> <span style="font-weight: bold;" >Tip</span> The [https://beds24.com/wizard/wizard3.php price wizard] will guide you through the price set up.
The system has two types of prices:
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*Daily Prices
*RatesFixed Prices
Which type you use depends on your pricing structure:
==Daily Prices==
Daily Prices are prices for one date which are entered in the Calendar. You can have a set of daily prices with different rules.
*Daily prices flexible and easy to handle.
*If you want to dynamically adjust prices on a daily basis it is best to use daily prices.
*Extra Person prices can be sent to the channels that accept occupancy pricing.
This [https://beds24.com/wizard/wizard3.php setup wizard] guides you though the setup. Please find more information on the help page for [https://wiki.beds24.com/index.php/Category:Daily_Prices daily prices].
<embedvideo service="youtube">https://youtu.be/TkIZbqe5Cpc</embedvideo>
Daily ==Fixed Prices are prices for one ==Fixed Prices have a start and end dateso they apply to a range of dates. Up to four prices per date can be defined for example If multiple Fixed Prices are available for different occupanciesthe same dates the rules of each Fixed Price will determine which Fixed Price is offered.
Use Fixed Prices instead of Daily Prices can be used:*if If your prices are fixed ahead and you do not want to fine tune prices on a daily basisadjust them and you have none or few seasons*if If you do want to allow guest to enquire when no price can be found but the room is not use Last Minute or Early Bird pricingfully booked*If you want to grant referrer discounts
<span style="color:#fe746c;“ >{{#fas:exclamation-triangle}} </span> Extra Person Prices can NOT be sent to the Channels.
<embedvideo service="youtube">Please find more information on the help page for [https://wwwwiki.youtubebeds24.com/watch?v=iFht8sLJg9g<index.php/embedvideo>Category:Fixed_Prices Prices Fixed Prices].
==RatesCombination on Daily Prices and Fixed Prices ==Rates have a start It is not necessary to use both Daily Prices and end date so they apply to Fixed Prices but a range combination of dates. Rates contain many rules about the conditions which must apply to make them available. Multiple rates Daily Prices and Fixed Prices can be used to create complex fine tune pricing structures. If multiple rates are available for the same dates the rules of each rate will determine which rate is offered.
Rates *You can be used:*use Daily Prices to override the a Fixed Prices for different weekend/weekday prices*for prices for extra guests or extra children*if a few individual dates. If you require the guest to book more than one day before Check-in*if you want a price to be available often adjust prices use Daily Prices only certain days in advance (e.g. Last Minute or Early Bird)*if you want to allow guest to enquire if no price You can be found but the room add a Gap Filler fill gaps when using daily prices with minimum stays is not fully booked*if you have extras (upsell items) which only apply to certain rooms*for special pricing for channel managementrequired
<span style="color:#fe746c;“ >{{#fas:exclamation-triangle}} </span> Rules in Fixed Prices have no effect on Daily Prices.
==Set up Prices==
Click on the links below for further details.
The [http://www.beds24.com/wizard/index.php Rate Price Wizard] guides you through the setup of common rate typesprice set up.
<embedvideo service==Multiplier==You can add a "youtubeMultiplier">https://wwwin the CALENDAR to increase or lower all prices on a certain day or date range.youtubeIf you use Fixed Prices you can deactivate the multiplier by setting "Allow Multiplier" = No in the Summary tab of the price.com/watch?v=zT65okbSXIE</embedvideo>
== Combination on Daily Prices and Rates ==It is not necessary to use both daily prices and rates but For most channels a combination of daily prices and rates "Multiplier" can be used to fine tune pricing structuresset in in channel manger settings. Check the channels help pages for instructions.
*For example Daily Prices can be used to override A multiplier for 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 usedpage is available in {{#fas:cog}} (SETTINGS) BOOKING ENGINE > BOOKING PAGE.
==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 =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 'Price Check Tool' "Channels" tab of a price. See [[Setting_Prices_for_Booking_Channels|this help page]] for specific information on the RATES, CALENDAR how to set prices for OTA channels. =Dynamic Prices=If you want to adjust your prices dynamically you have following options:*Use Daily Prices and manually adjust prices as required*The Beds24 [[Yield_Optimiser|Yield Optimizer]] (PRICES -> YIELD OPTIMIZER) automatically adjust prices based on demand shortly before check-in. *Our partners [[Pricelabs.co|Pricelabs]] ({{#fas:cog}} (SETTINGS) > APPS&INTEGRATIONS > PRICELABS) and SUPPORT pages[[RoomPriceGenie.com|RoomPriceGenie]] ({{#fas:cog}} (SETTINGS) > APPS&INTEGRATIONS > ROOMPRICEGENIE) can can automatically send daily prices to Beds24.