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[[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.
<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 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].
==Rates==
*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
<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 ==
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.
*Use 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.*Use You can add a gap fill fate rate to fill gaps when using daily prices with minimum stays is required
<span style="color:#fe746c;“ >{{#fas:exclamation-triangle}} </span> Rules in rates have no effect on daily prices.
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.
=Prices for OTA channels and your own booking page=
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]] (SETTINGSPRICES ->YIELD OPTIMIZER) automatically adjust prices based on demand shortly before check-in. *Our partners [[Pricelabs.co|Pricelabs]] ({{#fas:cog}} (SETTINGS-) >APPS&INTEGRATIONS->PRICELABS) and [[PricelabsRoomPriceGenie.cocom|RoomPriceGenie]] ({{#fas:cog}} (SETTINGS-) >APPS&INTEGRATIONS->ROOMPRICEGENIE) can can automatically send daily prices to Beds24.
