This article will walk you through how to use the Quick Rate Editor step-by-step so you can confidently adjust rates as needed.
Check out the video below for a quick overview, or continue reading for detailed written instructions on how to use this feature.
To access this feature, first, you will select the dollar sign icon at the top of your occupancy map.
On the window that appears, you will see each rate plan name to the left, with each of the rates for that rate plan listed under it (If you hover over a rate plan you will see the unit(s) associated with that rate plan). In each cell, you will see the rate and minimum stay requirement for that date/rate (In red).
To update the price on a date, click on the cell for that date/rate combination. Multiple cells can be selected at once, either by clicking multiple cells or clicking and dragging. The cell(s) that you've selected will be highlighted in blue. For instance, here it shows that I am changing the rate settings for the 'Best Possible Rate' rate, in the 'Newer and Better Rate Plan' for the March 18, 2017:
After selecting a date, a panel will appear on the right with several options. First, choose whether you want to adjust the rate by a percentage, a fixed amount, or set the rate to a specific value. Next, decide whether you want to override the existing Minimum Stay requirement. Once your changes are complete, click Save Rate Adjustments to apply them.
You can also select all of the rates in a rate plan for a specific day, by clicking on the blue header for that rate plan. For instance, if I wanted to select all of the rates in the NNRBP rate plan for March 19, 2017:
The percentage displayed in that cell represents the occupancy percentage for that specific date and rate plan.
To update all rates in all rate plans for the 19th, click on the cell for that day on the 'All' column.
Once you have made the selection, enter the value in the box below. For instance, if you are increasing the rate by 20%, choose 'Adjust by Percentage', and then enter 20 into the box.
If you are decreasing the rate by $15, choose 'Adjust by Fixed Value' and then enter -15 into the box.
And if you just want the rate for all selected days to be $125.75, choose 'Set to Fixed Value' and enter 125.75 into the box.
If you are placing a minimum stay requirement, click on the 'Minimum Length' section. You can choose to increase or decrease it by a certain # of Nights.
You can also edit your extra person fee, extra pet fee, and/or base capacity by selecting the appropriate section.
If you wish to edit the minimum stay requirement, but not the rate, simply leave the rate value box empty, and only set a value for the minimum length settings.
This tool can also be used to close out rates for certain days without going into the configuration section. To do this, select the rates/days you want to close out, then choose 'Close Rates' from the section on the right.
The closeouts for the Booking Engine can be updated by entering a rate for that day/rate using the Quick Rate Editor.
Once you have entered the changes you want to make, click on 'Save Rate Adjustments' and it will save your changes!
