Difference between revisions of "Category:Prices"

From Beds24 Wiki
Jump to navigation Jump to search
(33 intermediate revisions by 3 users not shown)
Line 1: Line 1:
[[Category:Prices_and_Availability]]
 
 
[[Category:Daily_Use]]
 
[[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__
 
__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.
 
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>
 
<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:
 
The system has two types of prices:
Line 14: Line 21:
  
 
==Daily Prices==
 
==Daily Prices==
Daily Prices are prices for one date. Up to four prices per date can be defined for example for different occupancies.
+
Daily Prices are prices for one date which are entered in the Calendar. You can have a set of daily prices with different rules.  
  
If you want to dynamically adjust prices on a daily basis it is best to use daily prices.  
+
*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.  
  
If you have more complex rules rates can be used.
+
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].
  
 
==Rates==
 
==Rates==
Rates have a start and end date so they apply to a range of dates. Rates contain 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.
+
Rates have a start and end date so they apply to a range of dates. 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:
 
Use rates instead of daily prices:
*to fill gaps when a minimum stay is required
+
*If your prices are fixed ahead and you do not want to adjust them and you have none or few seasons
*if you have children prices (these do not send to channels)
+
*If you want to allow guest to enquire when no price can be found but the room is not fully booked
*for prices for extra guests or extra children (these do not send to channels)
+
*If you want to grant referrer discounts
*if you want to allow guest to enquire when no price can be found but the room is not fully booked
+
 
*to offer referrer discounts
+
<span style="color:#fe746c;“ >{{#fas:exclamation-triangle}}  </span> Extra Person Prices can NOT be sent to the Channels.
 +
 
 +
Please find more information on the help page for [https://wiki.beds24.com/index.php/Category:Rates rates].
  
 
== Combination on Daily Prices and Rates ==
 
== 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.
 
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 Daily Prices can be used to override the price and conditions of a rate for individual dates.
+
*You can use Daily Prices to override the a rate for a few individual dates. If you you often adjust prices use Daily Prices only
*The booking rules for your rates and daily prices will determine which daily price or rate will be used.
+
*You can add a gap fill rate to  fill gaps when using daily prices with minimum stays is required
  
  Note: Rules in rates have no effect on daily prices.
+
<span style="color:#fe746c;“ >{{#fas:exclamation-triangle}} </span> Rules in rates have no effect on daily prices.
  
 
==Set up Prices==
 
==Set up Prices==
 
Click on the links below for further details.  
 
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 types.
+
The [http://beds24.com/wizard/index.php Rate Wizard] guides you through the price set up.
  
 
==Multiplier==
 
==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.  
+
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.
+
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==
+
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.
 +
 
 +
=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.
 
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.
 
See [[Setting_Prices_for_Booking_Channels|this help page]] for specific information on how to set prices for OTA channels.
  
==Check Prices==
+
=Dynamic 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.
+
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.

Revision as of 11:48, 16 February 2022

Prices
This page is about the menu PRICES and gives on overview on prices. 

1 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.

Tip The price wizard will guide you through the price set up.

The system has two types of prices:

  • Daily Prices
  • Rates

Which type you use depends on your pricing structure:

1.1 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 setup wizard guides you though the setup. Please find more information on the help page for daily prices.

1.2 Rates

Rates have a start and end date so they apply to a range of dates. 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

Extra Person Prices can NOT be sent to the Channels.

Please find more information on the help page for rates.

1.3 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.

  • You can use Daily Prices to override the a rate for a few individual dates. If you you often adjust prices use Daily Prices only
  • You can add a gap fill rate to fill gaps when using daily prices with minimum stays is required

Rules in rates have no effect on daily prices.

1.4 Set up Prices

Click on the links below for further details.

The Rate Wizard guides you through the price set up.

1.5 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 (SETTINGS) BOOKING ENGINE > BOOKING PAGE.

1.6 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.

2 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 this help page for specific information on how to set prices for OTA channels.

3 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 Optimizer (PRICES -> YIELD OPTIMIZER) automatically adjust prices based on demand shortly before check-in.
  • Our partners Pricelabs ( (SETTINGS) > APPS&INTEGRATIONS > PRICELABS) and RoomPriceGenie ( (SETTINGS) > APPS&INTEGRATIONS > ROOMPRICEGENIE) can can automatically send daily prices to Beds24.