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This feature is currently in progress and will be released on January 29. Stay tuned! |
Rate Rules allow you to have more control over the rate recommendations. You can set up rules based on different conditions and periods, that align with your strategy. The rules will be added on top of the rate recommendations coming from the algorithm.
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What you will find here
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Example from the screenshot above
3 hierarchical rules are set up in defined order
1° | Occupancy >95% and DBA 0-7 then increase rate by 15€
2° | Occupancy >80% and DBA 0-7 then increase rate by 10€
3° | Occupancy >60% and DBA 0-7 then increase rate by 5€
RateBoard is now checking the upcoming days for the rules in hierarchical order
for DBA 1 Occupancy is 83%
1° is not applied >> rule 2° is checked
2° is applied >> 10€ are added >> rule 3° is terminated
for DBA 2 Occupancy is 50%
1° is not applied >> rule 2° is checked
2° is not applied >> rule 3° is checked
3° is not applied >> no rule is applied
for DBA 3 Occupancy is 100%96%
1° is applied >> 15€ are added >> rule 2° AND 3° are terminated
this will be repeated for all days…
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