What is rate plan for hotels?
Rate plans allow you to set flexible pricing for your hotel and set different rates for different days of weeks, different combination of weekdays (e.g. Friday + Saturday), mid-week days, weekends, as well as rates for long stay, e.g. weekly stay. The Rate plans will apply for a selected date range. For example, if you select to set rate plan with special rate X for stay in your holiday house from Friday to Sunday from March 1 to May 31, then the rate X will be shown for each Friday and Saturday of this date range. Rates from the rate plan will overwrite the Standard rates your hotel. You can name your rate plan to better guide your customer. As you can use same Rate plan as many times as needed we recommend that you use general names that better reflects the nature of the Rate plan – Weekend Discount, Best Available Rate, etc. All your rate plans will be reflected in your Availability calendar. Moreover, the all-in-one platform will allow you use different colors for different rate plans, so all your rate plans will be easily managed.
The rate plans is a part of flexible pricing system that is very attractive for customers and is widely used by major booking websites. That is why the Rate plans you set up with all-in-one platform can be easily used through our Channel manager system to other booking platforms. Please feel free to contact us if you have further questions or need recommendation which rate plan better fits your needs.