Rate management and update made easy. Use a base rate to quickly create multiple rates through the Derived Rate option. This way you can effortlessly manage a lot of rates. Just update this single base rate and this will change all related derived rates.
There is a simple way to organise all your rates on the basis of one standard rate. This can be the rate for the room type you sell most - the double one, for example. All other rates will be lower or higher depending on the related room type - single, premium, suite, etc.
Create derived rates by adding or subtracting amounts (Derived Amount rate) or percentage (Derived Percent Rate) to/from an existing standard rate. Then a change to the base rate will lead to the update of all related derived rates. It is as simple as that!
With the derived rates, you still have the option to set special rules for particular dates. Just change or remove the derivation for them and keep using the derived rate for the rest of the period.
No need to check each OTA after a change to the base rate. The related derived rates are automatically updated across all channels without you lifting a finger.
Ease the rate and revenue management even more. All you need to do is include derived rates in occupancy adaptable rates. And Clock PMS will automatically update rate prices in response to your hotel occupancy. Read more about Occupancy Adaptable Rates.
