Create perfect rates - Increase occupancy - Maximize profit
Hotel Room Rates for income growth
Create an unlimited number of room rates and adjust every imaginable variant of your hotel’s revenue management strategy. Change prices according to room types, meal plans, seasons, or even weekdays – across all booking channels.
Stick to your own cancellation policy
Add meal plans and sales restrictions
Generate rates according to the types of guests
Set special prices for children of different age range
Offer the best value for money
According to Statista’s survey, 70% of travelers consider price very important when choosing a hotel for a leisure trip.
This way, you need a pricing strategy that is both attractive to customers and beneficial to you. And solving this problem without technology is almost impossible.
With our tool, you can optimize room rates for current market demands. Use the guest data collected by our system and act on this information to create flexible pricing policies for each season.
That’s how it works
Hotel Room Rates is a simple tool that allows hoteliers to create an unlimited number of rates for different seasons.
To create one, fill in the name of the rate and add meals if available. Then, select cancellation terms as well as the source (hotel’s website, OTAs, etc.) for which this rate should be valid.
Finally, pick room & guest types, enter a default price or specify it for certain weekdays. That’s it – your room rate is up and running!
Create unconstrained variations of rates
Set any number of room rates and adjust conditions as you see fit. Stay in full control of prices and offer your guests an opportunity to choose the one that suits them best. It may be a base rate, a special tariff, or seasonal pricing.
Manage cancellations on your terms
Secure yourself against the risks that canceled reservations entail. 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 curveballs, but now everything happens on your terms.
Attract more seasonal travelers
If you have different room rates for specific periods of time, you can make rate changes automatic for each season. Provide different prices for peak, high, and low seasons. Maximize revenue during the off-season by attracting more guests with competitive prices.
Invent your best demand strategy
Use sell limits to your best advantage. Set minimum/maximum stay, close-out, no check-in/out, and more options for any period and room type.
Stay ahead of your competition
Develop your own revenue management strategy and increase your business potential
Synchronize prices and inventory
Forget about manually controlling inventory and price relevance. Our tool will take care of this for you. Once you set the price, the room rates across all booking channels will be synchronized, following the desired rules.
Add discounts or markups with virtual rates
Set a discount or markup for accommodation at any of your existing room rates. Charge more if the guest is checking in for only 1 night or create discounts for bookings that last longer. Enhance your revenue management approach by increasing the average length of stay and getting more income from selling ancillary services.
What you get
+ Sell rooms at competitive prices
Decide on the right room pricing strategy that works for your hotel and increases profitability.
+ Flexible rate policy
Manage your rates across all available booking channels and make necessary price adjustments in a few clicks.
+ Determine your guests’ buying behavior
Collect data in the system, view it in a clear layout, and make informed pricing decisions.
+ Earn more and increase occupancy
Find what rates you are selling at in minutes – with no need to constantly monitor third-party websites and check for accuracy.
+ Find the right pricing strategy
Accurately forecast your demand with our reporting tools to meet your ADR, RevPAR, and Occupancy goals.
+ Get all the necessary features for a flat rate
Get all the tools you need at an affordable price with no hidden fees included.
We've been using HotelFriend products for almost a year and are satisfied with these solutions. Room rates help us to keep inventory and rates up-to-date. You can control multiple prices at the same time with no problems. The interface is really intuitive and the support team always helped us with any questions.
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