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Rate Plans

To manage your Rate Plans, click on Monetize > Rate Plans from the top navigation bar.

Rate plans
Sample rate plan entry

Rate plans are the filter through which guest rooms are presented to users. It also contains settings that control the pricing structure under certain scenarios.

Rate plans let you:

  • Set a cancellation policy [and policy exceptions].
  • Price in extra children, adults and single travelers.
  • Set meals.
  • Add early check-in and late checkout charges.
  • Set additional charges.
  • Set restrictions.

To create a rate plan, click the Create a new rate plan button.

Configuration

The Configurations tab is selected by default when you get started.

This section covers the basic options to configure your rate plan.

  • Rate plan name The name of the rate plan, as you refer to it internally. e.g. BAR RO
  • Loaylty points Whether the guest accrues your loyalty points on this rate plan. e.g. No
  • Single occupant Set a price modifier for a single occupant in a multi-occupancy room. e.g. 5% OFF regular price
  • Extra adult Set a price modifier for an extra adult in the room. e.g. +10 / adult
  • Extra child Set a price modifier for an extra child in the room. e.g. +5 / child

Cancellation policy

  • Cancellation policy Set the cancellation policy for this rate plan. e.g. Refundable
  • Exceptions Set addtional cancellation policies that come into effect for specific date ranges. e.g. For the month of December, use the Refundable with extra conditions policy.

Meals

Set the meals that accompany this rate plan. e.g. Breakfast included

Charges

Set additional charges that accompany the rate plan.

  • Early check-in Set an additional charge when the guest wants to check in early. This is for informational use only
  • Late check-out Set an additional charge when the guest wants to check out late. This is for informational use only

Extra charges

Set additional charges with the rate plan.

To create an extra charge, click the Create extra charge button.

  • Pricing type Choose how this charge is calculated. e.g. Per stay
  • Amount Set the fixed amount of the charge. e.g. 100

Fill in the name and description of this charge.

  • Name Charge name. e.g. One-time cleaning charge
  • Description Describe the charge in a paragraph or two. e.g. The villa will be cleaned by our professional team of cleaners before your arrival.

Restrictions

Set restrictions that controls whether a guest room / rate plan is available or not.

Supported restrictions:

  • Length of stay
  • Advance booking
  • Occupancy
  • Age
  • Sell / Stay / Booking / Arrival / Departure / Required dates

Length of stay

When you add this restriction, you are requiring guests to “stay at least” and “no more than” a specified number of days.

Example: This room type is only available to guests who stay more than 10 days. Note: Max length of stay is optional.

Advance booking

When you add this restriction, you are requiring guests to “book at least” and “no more than” a specified number of days in advance.

Example: This promotion is only available to guests who book more than 10 days in advance. Note: We do require you to add a maximum advance booking as well.

Occupancy

When you add this restriction, you are requiring the arriving party to “be at least” and “no more than” the specified number persons.

Age

When you add this restriction, you are requiring the guests to “be at least” and “no more than” the specified age.

Sell dates

When you add this restriction, you only want to make this rate available for booking within a specific date range. A guest will only see this rate if she is booking a room ON the date specified within this date range.

Stay dates

When you add this restriction, you only want to make this rate available for staying within a specific date range. A guest will only see this rate if she is booking a room FOR the date specified within this date range.

Booking dates

By enabling this restriction, you are ONLY allowing this rate to be searched for on the specified days.

Arrival dates

By enabling this restriction, guests MUST arrive on that day in order to see this rate.

Example: Enabling Monday requires that the guest arrive on a Monday.

Departure dates

By enabling this restriction, guests MUST depart on that day in order to see this rate.

Example: Enabling Monday requires that the guest depart on a Monday.

Required dates

By enabling this restriction, guests MUST stay over on “at least one” of these days to see this rate.

Example: Enabling Monday requires guests to stay over on a Monday.

API

Developers who want to manage Rate Plans can head over to Developers > APIs > Monetize.