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[[Category:Prices_and_Availability]]
If This [https://beds24.com/wizard/wizard3.php setup wizard] guides you have though the setup. Please find more complex restrictions you need to use ratesinformation on the help page for [https://wiki.beds24.com/index.php/Category:Daily_Prices daily prices].
Rates <span style="color:#fe746c;“ >{{#fas:exclamation-triangle}} </span> Extra Person Prices can NOT be used:sent to the Channels.*for prices for extra guests or extra children*if you require Please find more information on the guest to book more than one day before Check-in*if you want a price to be available only certain days in advance (ehelp page for [https://wiki.beds24.com/index.gphp/Category:Rates rates]. Last Minute or Early Bird)*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
==Prices for OTA channels and your own booking page==
no edit summary
[[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.
__TOC__
=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:
==Daily Prices==
Daily Prices are prices for one datewhich are entered in the Calendar. Up to four You can have a set of daily prices per date can be defined for example for with different occupanciesrules.
*Daily Prices can be used:prices flexible and easy to handle.*if If you want to fine tune dynamically adjust prices on a daily basisit is best to use daily prices. *if you do not use Last Minute or Early Bird Extra Person prices can be sent to the channels that accept occupancy pricing.
==Rates==
Rates have a start and end date so they apply to a range of dates. Rates contain many 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. Use rates instead of daily prices:*If your prices are fixed ahead and you do not want to adjust them and you have none or few seasons*If you want to allow guest to enquire when no price can be found but the room is not fully booked*If you want to grant referrer discounts
== Combination on Daily Prices and Rates ==
It is not necessary to use both daily prices and rates but a combination of daily prices and rates can be used to fine tune pricing structures.
*For example You can use Daily Prices can be used to override the price and conditions of a rate for a few individual dates.If you you often adjust prices use Daily Prices only*The booking rules for your rates and You can add a gap fill rate to fill gaps when using daily prices will determine which daily price or rate will be used.with minimum stays is required
<span style="color:#fe746c;“ >{{#fas:exclamation-triangle}} Note: </span> Rules in rates 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 Wizard] guides you through the setup of common rate typesprice set up.
==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 deactivate 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. A multiplier for the booking page 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 to the 'Price Check Tool' on the RATES, CALENDAR and SUPPORT pages.
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.
=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 [[RoomPriceGenie.com|RoomPriceGenie]] ({{#fas:cog}} (SETTINGS) > APPS&INTEGRATIONS > ROOMPRICEGENIE) can can automatically send daily prices to Beds24.
