Manage rates help you to easily and quickly update your room rates for a few days or months from one place. You can also check RateBoard recommendations and make the most of each room.
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What you will find here
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Rates overview
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Calendar
The Manage window displays a calendar for the dynamic price recommendations. The current month is automatically displayed. If you want to inform yourself about another one, you can choose it by using the two arrows, top left in the calendar. With the right arrow, you leaf through the future, with the left into the past. With the button "today" you get back to the overview of the current month.
What can one take from one day of the month?
The currently set price for the primary room, the respective room category, is located in the upper left corner (primary rooms are explained in more detail under "Settings"> "Room categories")
The rate suggested by RateBoard is displayed directly below the current price.
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Price proposals are displayed in three different colors.
Gray = no change
Red = reduce rate
Green = increase rate
How do I change rates?
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Room type x Room category
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How to change rates
On the manage page, once you selected a day or several days you would like to update, the Rate Editor opens automatically on the right -hand side. Here , where you can have the an overview over of all the current rates and the suggested changes for each individual room type.
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Here we provide symbols. If you like to change the feature you simply click on the symbol of the feature you like to use.
👁 - Overview
€ - Rates
🔒 - Restrictions
X - Cancel
If you like to go with the suggested rate you just need to click the green “accept all” button. Afterwards the “Save” button will pop up at the bottom of the page.
By pressing the SAVE key, the system accepts the changes in a log, in which all changes can be checked again. The log is located below the calendar.
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IMPORTANT: If you want to individualize the rate you have to click on the blue “adjust” button instead (step 2.). |
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How
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to change rates
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per room type
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In order to change the rate of a specific room type you open the dropdown menu of it. Here you will find the current rate difference to the primary room type that you could adjust according to your needs.
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A red spinner will appear if there was an error while sending the rate. Please do not hesitate to reach out to your revenue manager in this case.
Where can I get information about a suggested rate?
The overview is available clicking on the eye symbol above.
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In this overview, relevant information for the selected date are available. it includes, last year comparison same day of the week, for the following KPI's:
Revenue
Occupancy
Forecast/Final
RevPAR
ADR
Pick up (7 days)
Prices of the competitors
Events if selected in the section Settings - Event
If several days are selected in Manage, the average values of the selected days are displayed in the overview.
About the restriction available in Manage we will be talking in the next article. Click here to be redirected to the article.
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Want to help us to improve RateBoard? If you have any suggestions, let us know ↗ (link to suggestions form)
