While the Rate Discounts feature has the primary function of letting you discount your rates, it can also be used to temporarily increase your rates when needed. This article will guide you through increasing your rates by creating a rate markup on NightsBridge, using the Rate Discount feature.
Go to Rate Discounts
- Select 'Setup' from your Main Menu
- Click on 'Rate Discounts'
Create your Rate Markup
- Click on the '+Add' button
- Click on the 'Type of Discount' drop-down menu and select 'Basic' as the discount type.
- Click on the 'Apply' drop-down menu and select '% Increase'.
- Use the free-type field and enter the % the rate should be increased by.
- Use the free-type field to name the rate markup - this name is for your reference and will not display on your Booking Engine.
- Click on the date widgets to select the applicable date range.
- Select the specific days of the week the rate markup should be applied to.
- Add an additional date range if needed.
Complete the Price pointing by using the drop-down menus to select your:
- price rounding, and
- price pointing preferences
Do you want this rate markup to be applied to all, or only selected Room Types and Meal Plans?
Note that your system will default to 'All'.
The system default setting is 'All'.
You don't need to change this in this case.
- Switch off the toggle switch for 'All'
This will display your Room Types and Meal Plans - Select the Room Types and Meal Plans by ticking the appropriate boxes
Do you want to distribute this rate markup by Rate Sheet or by connected channels
The system default is distribution by Rate Sheet
- Select the Rate Sheets you would like the rate markup applied to by ticking the appropriate box
- Click on 'Save'
- Select 'Channels'
- Select the channels you would like the rate markup applied to by ticking the appropriate box
- Click on 'Save'
Publish your changes
- Click 'Exit' the Rate Discounts page
- Click on the 'Publish' button within the orange banner message.
- A confirmation message will display
Rate Markup Display - No labeds or tags
As a tool designed for discounting your rates, the NightsBridge system will be aware that you've increased (and not decreased) your rates. It would not make sense to add any discount tags or labels when your rate is increasing.
No labels or discount names will be displayed on your Booking Engine.
It will only provide the booker with the marked-up (increased) rate.
Confirming your rate markup online
- Open both your Booking engine and Rate Capture on Setup.
- compare the published rate (for the applied rate markup) with the rate that you have saved
Confirm that the rate on your NightsBridge Booking Engine has increased by the markup percentage that you applied.
In this image the markup is 10%.
