What is a Rate?

Let's clarify this concept that often makes our customers feel confused:

๐Ÿ‘‰ What's a Rate (rate plan)?
it is the price decided on the basis of specific characteristics of a room type.

In fact, you can have different rate plans related to a single room type: that is to say derived rates, based on a standard rate, according to specific criteria (Derivation Rules).

Let's have a look at this example๐Ÿ‘‡

For this typology - Double we have 4 rates (in order)

  • the first one is the basic rate, the STANDARD
  • the SINGLE USEย  rate of the Double Room
  • the single use NON REFUNDABLE
  • the double standard NON REFUNDABLE

For this typology - Triple we have 2 rates (in order)

  • the first one is the basic rate, the STANDARD
  • the triple standard NON REFUNDABLEย 

We therefore have 6 rate plans, in total.
However, real rooms are ย only 3, divided in two typologies.

โ—In order to close a rate to sell:
ย  ย  ๐Ÿ”ป Activate the Stop Sales on the rate in question! ย 
ย  ย  ย  ย  ย  In order to do so, the Stop Sale box must be unticked, when
ย  ย  ย  ย  ย  setting up the Derivation Rules.