Pricing, rates & inventory
Manage rates, inventory, packages, add-ons, and restrictions.
By Michelle and 1 other2 authors20 articles
- Organize and control inventory for groups of related add-onsYou can create add-on categories to organize individual add-ons within the CRS and manage inventory at the category or room type level. This article explains how to set up categoriesâŚ
- Configure blended ratesRate blending is particularly useful when you have multiple offers with similar terms and conditions or an offer that is frequently closed out for various dates that would limit stay-throughâŚ
- Create and manage an add-onSet up additional services or amenities that guests can purchase alongside their room booking to generate extra revenue.
- Create and manage rate discountsSet up promotions and discounts and assign them to rates with flexible qualification criteria and automatic application.
- Qualified rate displayControl qualified rate visibility in your booking engine to show guests relevant rates and avoid unnecessary rate parity claims with special rate filters.
- Rates based on locationGeolocation enables you to display or exclude specific rates based on the user's device IP address, providing a more personalized direct online booking experience.
- Send rate code pricing to PMSSend rate code pricing and configuration from the CRS to your Property Management System for efficiency.
- View pricing, inventory, and restrictions on the dashboardReview pricing, inventory, and restriction details for any date, room type, occupancy, and rate code from a centralized location.
- Packages creation and managementCombine rate codes with add-ons to create compelling package offers for your booking engine and voice application.
- Child age groups and pricingSet up flexible pricing strategies for families traveling with children by defining specific child age groups
- Overview of the inventory management menuConfigure base inventory, allotments, sell limits and auto rollover settings to optimize room availability across all booking channels.
- Tier ratesTier rates are an alternative pricing method for hoteliers who prefer to manage pricing through predefined rate levels rather than entering variable daily rate values.
- Rate code configurationSet up and manage rate codes to control how pricing appears across different booking channels and distribution systems.
- Create and manage access codesAccess codes allow guests to access specific rates for promotions or exclusive offers via direct booking channels, both online and through voice reservations.
- Prior date arrival allowed for reservationsEnable bookings for arrival dates that have already passed, useful for properties receiving reservations after midnight.
- Travel agent commission configurationTravel agent commissions can be assigned at the property level or to specific rate codes, with flexible scheduling by day of week and date ranges.
- Manage availability restrictions across your selling channelsApply booking restrictions at different levels to control your selling strategy across all connected channels and systems.
- Currency-specific rounding rulesHow the CRS handles currencies with no decimal precision, including a list of supported zero-decimal currencies and how they display online and across connected channels.
- Create tax assignmentsThe CRS provides comprehensive tax and fee calculation settings that apply during the guest booking process.
- Add-Ons Code field and Contentful CMS integrationExplains the Add-Ons Code field in CRS, what it's used for, and how its behavior changes depending on whether the Contentful CMS integration is active for your property or chain.