How to set Rate Adjustments
Step 1:
Navigate to the Revenue Management tab of the Admin Portal
Step 2:
Select "Add Rate Adjustment"
Enter the dollar amount you'd like to raise rates by
This amount adjusts the nightly or daily rate of the offer
Step 3:
Select Dates
Choose a specific date range for the rate adjustment.
All Dates:
The adjustment will apply continuously, irrespective of the date.
Select Days of the Week:
Pick the specific days you want the rule to be active.
Select Occupancy:
Input a percentage if the rule should activate at a particular occupancy level.
Any Occupancy:
Choose "Any Occupancy" to apply the rule regardless of occupancy levels.
Items to note:
The last date selected will not be included in the Rate Adjustment period
If you have multiple adjustments on a date for an offer, the largest one is applied
Occupancy is based on the underlying Inventory and not the Offer, however, occupancy rules can be setups at the Offer level.
For Example:
Inventory - 50 Standard Runs Offers
Standard Room, includes:
Standard Run
Activity Package, includes:
Standard Run
Daily walk
Purchasing of either offer will impact the Occupancy of the Standard Run
Step 4:
Select which Offers you would like the rate adjustment to apply to
Name the Rate Adjustment
Please ensure that the name of the Rate Adjustment is unique and does not match any other Rate Adjustment rule, Minimum Booking Value rule, or Blackout rule.
