A New Take on
Hotel Room Rates
A comprehensive but simple tool for quick rate settings. It allows you to adjust every imaginable variant of your hotel’s pricing strategy, cancellation policy or sales restrictions. Change room rates according to room types and meal plans, seasons or even weekdays, sources of booking and types of guests. In one place, in real time.
You don’t necessarily have to spend loads of time on increasing revenue. Sometimes it’s quite the opposite. As an addition to our property management software that will help you determine your guests’ buying behavior, Room Rates setting is the way to act on this information and create a flexible pricing policy that works for both your property and clients.
Using a single rate plan is not an option, as your business has to stay in sync with the market and be adjustable when it comes to pricing. On the other hand, managing a whole number of rates at once seems to be an uphill struggle. HotelFriend’s Room Rates tool is ready to challenge stereotypes and help you offer your guests more by doing less.
How it Works
What You Will Get
Adjust every imaginable variant of your hotel’s pricing strategy.
First of all, you fill in the name of the rate and choose the board type if available. Then you select cancellation terms as well as the source (hotel’s website, OTAs and others), for which this rate should be valid. Finally, pick room & guest types, and enter a default price or specify it for certain weekdays. That’s about it; your room rate is up and running!
Give your guests a free hand in choosing a rate, and they will appreciate the variety. It may be a base rate, a special tariff, or seasonal pricing, to name a few. You can create any number of them at your discretion and adjust conditions as you see fit. Only you are in full control of every single price.
Cancellation Policies is a flexible module that allows hoteliers to secure themselves against risks that canceled reservations entail. We elaborated it down to the last detail, so that you can simply decide between most in-demand options like “Free cancellation policy” and “Not refundable” or add as many new ones as you wish. Life throws many curve balls, but with the HotelFriend software, it happens on your terms.
All it takes to make rate changes automatic is to select a period, e.g. high/low season or winter holidays and edit prices in the table of the Seasons module. Then go to the Restrictions tab to administer limitations on sale in every possible way. You can set such limits as minimum/maximum stay, close-out, no check-in/out and more for any period, rate, weekday, room type or source. Just think of the possibilities that gives you.
Benefits of the software module
smart cancellation policies.
advantageous sales conditions.
Finance & Payment