Automatic Rate Price Update

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Written by: BookersDesk Team
Last updated: March 3

Automatic rate price update allows hoteliers to adjust prices based on room occupancy, automatically increasing or decreasing prices depending on predefined conditions. This system can apply price increases or decreases as a percentage or fixed value, based on occupancy levels you set.

How to enable automatic price updates?

To enable and configure automatic rate price updates, follow these steps:

  1. Log in to your property management panel and go to the Panel > Customization Space > Automation of Actions.
  2. Click to enable the automatic update option and select Yes to activate this action.
  3. Set the occupancy percentage that will be used for automatic price updates.

Define the action

Automatic updates can be applied in two ways:

  • Price Increase by percentage or fixed value if occupancy is below a certain level (e.g., at 50%, the price can increase by 10% or a fixed value like 20 EUR).
  • Price Decrease by percentage or fixed value when occupancy exceeds a certain level (e.g., above 70%, the price can decrease by 5% or 10 EUR).

Examples of automatic update applications:

  • Increase by 10% or 20 EUR if occupancy is less than 50%.
  • Decrease by 5% or 10 EUR when occupancy is above 75%.

After completing the configuration, click Save to activate the automatic rate price update rules.

Benefits of Price Automation

Automatic rate price updates are a powerful tool to optimize pricing management based on demand and availability. Using this feature can increase revenue and improve property management efficiency by ensuring prices adjust automatically to market needs.

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