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[[Category:Prices_and_Availability]]
If you want to dynamically adjust prices on a daily basis it is best to use daily prices<embedvideo service="youtube">https://youtu. be/TkIZbqe5Cpc</embedvideo>
==Rates==Use Fixed Prices instead of Daily Prices:Rates *If your prices are fixed ahead and you do not want to adjust them and you have a start and end date so they apply none or few seasons*If you want to a range of dates. Rates contain more rules about the conditions which must apply allow guest to make them available. Multiple rates enquire when no price can be used to create complex pricing structures. If multiple rates are available for the same dates found but the rules of each rate will determine which rate room is offered.not fully booked*If you want to grant referrer discounts
Use rates instead of daily prices<span style="color:*to fill gaps when a minimum stay is required*if you want to allow guest to enquire when no price #fe746c;“ >{{#fas:exclamation-triangle}} </span> Extra Person Prices can NOT be found but sent to the room is not fully booked*for agent prices*for referrer discountsChannels.
[[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
*RatesFixed Prices
Which type you use depends on your pricing structure:
==Daily Prices==
Daily Prices are prices for one datewhich are entered in the Calendar. Up You can have a set of daily prices with different rules. *Daily prices flexible and easy to four handle.*If you want to dynamically adjust prices on a daily basis it is best to use daily prices. *Extra Person prices per date can be defined 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 example for different occupancies[https://wiki.beds24.com/index.php/Category:Daily_Prices daily prices].
==Fixed Prices==Fixed Prices have a start and end date so they apply to a range of dates. If you have more complex multiple Fixed Prices are available for the same dates the rules rates can be usedof each Fixed Price will determine which Fixed Price is offered.
Please find more information on the help page for [https://wiki.beds24.com/index.php/Category:Fixed_Prices Prices Fixed Prices].
== Combination on Daily Prices and Rates Fixed Prices ==It is not necessary to use both daily prices Daily Prices and rates Fixed Prices but a combination of daily prices Daily Prices and rates Fixed Prices 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 Fixed Prices 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 Filler 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 Fixed Prices have no effect on daily pricesDaily 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.
==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 Fixed Prices you can deacativate deactivate the multiplier by setting "Allow Multiplier" = No in the Summary tab of the rateprice.
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==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 rateprice.
See [[Setting_Prices_for_Booking_Channels|this help page]] for specific information on how to set prices for OTA channels.
==Check Dynamic Prices==The 'Price Check Tool' shows If you which want to adjust your prices dynamically you have following options:*Use Daily Prices and rules apply for specific dates/selections 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 why a certain price or rule was applied or not applied[[RoomPriceGenie. You com|RoomPriceGenie]] ({{#fas:cog}} (SETTINGS) > APPS&INTEGRATIONS > ROOMPRICEGENIE) can find links can automatically send daily prices to the 'Price Check Tool' on the RATES, CALENDAR and SUPPORT pagesBeds24.
