Changes

*RatesFixed Prices

*Daily Prices are prices for one dateflexible and easy to handle. Up *If you want to dynamically adjust prices on a daily basis it is best to four use daily prices. *Extra Person prices per date can be defined for example for different occupanciessent to the channels that accept occupancy pricing.

Daily Prices can be usedThis [https:*if //beds24.com/wizard/wizard3.php setup wizard] guides you want to to fine tune prices though the setup. Please find more information on a the help page for [https://wiki.beds24.com/index.php/Category:Daily_Prices daily basis*if you do not use Last Minute or Early Bird pricingprices].

<embedvideo service="youtube">https://www.youtube.com/watch?v=iFht8sLJg9g</embedvideo>==RatesFixed Prices==Rates Fixed Prices 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 Fixed Prices are available for the same dates the rules of each rate Fixed Price will determine which rate Fixed Price is offered.

Rates can be usedUse Fixed Prices instead of Daily Prices:*for different weekend/weekday prices*for If your prices for extra guests or extra children apply*if are fixed ahead and you require a the guest do not want to book more than one day before Check-in*if adjust them and you want a price to be available only certain days in advance (e.g. Last Minute have none or Early Bird)few seasons*if If you want to allow guest to enquire if when no price can be found but the room is not fully booked*if If you have extras (upsell items) which only apply want to certain rooms*for special pricing for channel managementgrant referrer discounts

The [http://www.beds24.com/wizard/index.php Rate Wizard] guides you through the setup == Combination on Daily Prices and Fixed Prices ==It is not necessary to use both Daily Prices and Fixed Prices but a combination of common rate typesDaily Prices and Fixed Prices can be used to fine tune pricing structures.

<embedvideo service="youtube">https://www*You can use Daily Prices to override the a Fixed Prices for a few individual dates.youtubeIf you you often adjust prices use Daily Prices only.com/watch?v=zT65okbSXIE</embedvideo>*You can add a Gap Filler fill gaps when using daily prices with minimum stays is required

<span style== Combination "color:#fe746c;“ >{{#fas:exclamation-triangle}} </span> Rules in Fixed Prices have no effect 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 Daily ==Set up Prices ==Click on the links below for further details.  The [http://beds24.com/wizard/index.php Price Wizard] guides you through the price set up. ==Multiplier==You can be used add a "Multiplier" in the CALENDAR to override increase or lower all prices on a certain day or date range.If you use Fixed Prices you can deactivate the multiplier by setting "Allow Multiplier" = No in the Summary tab of the price and conditions of .  For most channels a rate "Multiplier" can be set in in channel manger settings. Check the channels help pages for individual datesinstructions.*The A multiplier for 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.

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.