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Channel Manager - Enable rate management for a room rate
Channel Manager - Enable rate management for a room rate
Updated over a year ago

If you can't see the daily rate values for a room rate in the inventory grid, you will need to 'enable rates' for that room rate.

It is important that you have rate management enabled for all your room rates so you are able to be upgraded to the latest version of channel manager and have access to new features to help better manage your property, as well as connect to new channels such as Airbnb.

If rate management is not enabled, the following restrictions apply to your property:

  • Restricts ability to derive Rate Plans

  • Restricts ability to derive Room Rates

  • Restricts ability to derive Channel Rates

  • Restricts ability to update Room Rate level pricing via Inventory Grid

  • Restricts ability to update Room Rate level pricing via Inventory Grid > Bulk Update

  • Room Rate pricing not represented within Inventory Grid

To enable rate management for a room rate:

  1. Go to ROOMS & RATES

  2. Select the room rate you want to enable rates for, and click CONFIGURE from the drop-down menu

  3. Click the RATE CONFIG tab

  4. Click ENABLE RATES

  5. Select a room rate pricing option:

    • Copy daily rates from Connect Channel Rate - If selected you will need to select a Channel Rate in the Copy From drop-down list.

    • Manually input daily rates - If selected you will need to specify a Rack Rate which will become the default rate for all future dates.

    • Derive daily rates from another Room Rate - If selected you will need to select a room rate to derive daily rates from, and specify if/how you want to adjust the daily rates.

  6. Once you've configured your rate click Save

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Please note: To centrally manage the pricing for each channel from the room rate, you will need to derive the channel rates from their room rate.

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