How can I manage my rate plans Chinese (CN)/简体中文
How can I manage my rate plans Chinese (HK)/中文 (香港)
How can I manage my rate plans Chinese (TW)/繁體中文
How can I manage my rate plans Japanese/日本語
How can I manage my rate plans Korean/한국어(대한민국)
How can I manage my rate plans Thai/ไทย

 

In this article, we will outline how to setup and maintain rate plans. 

How to manage your rate plans

In order to sell your rooms, you must have at least one rate plan.

Step 1. Log in to our extranet (YCS)

Step 2. Go to Settings and select Rate Plan Setup

Step 3. Click on +Create, to add new rate plan

Step 4. Fill in all REQUIRED information

Step 5. Click Save


Basics 

Internal name:* The name of your rate plan (this is for your internal use only).
External Code ID  This field is for channel manager purposes (leave it blank if not in use).
Cancellation policy*  Cancellation policy that will be applied to the rate plan.
Auto-extend rates:  To automatically update the rates for future dates
Use prices from:  If you would like to link to other rate plan
Rate Type*  Selection as Sell / Net rate, This will determine how prices are being calculated on the Rates & Allotment page.
Book Dates*  Booking eligible date of rate plan.
Stay Dates*  Stay eligible date of the rate plan.

 

Benefits 

Benefits  The guest benefits of this rate plan. Make sure that the benefits are consistent with the selected Offer Type and the Rate Plan name.

 

Restrictions 

Sell limit per day:  Limit no of bookings per day
Min Days in Advance  The minimum number of booking days in advance for the rates. For example, if you set it as 2, guests can purchase this rate only from the day after tomorrow. Leave blank if rate can be booked at any time.
Max Days in Advance  The maximum number of booking days in advance for the rates. For example, if you set it as 5, guests can purchase this rate only until 5 days in advance.
Min Length of Stay  The minimum number of stay nights required to book this rate plan. Guests are allowed to book this rate if the number of nights is equal or higher than the Min LOS.
Max Length of Stay  The maximum number of stay nights required to book this rate plan. Guests are not allowed to stay more than max LOS.
Minimum stay when including Restricted Day  Minimum number of nights which must be booked if the stay includes the marked day.
Channels*   Channel discount
Customer segments  Customer segmentation restriction

 

Room Types 

Room Type that will be sold on the rate plan. Click to turn to Green for applicable room type.

If you hover your mouse over the text you will see a short explanation (marked with red frame).

 

Frequently Asked Questions

Can I set up multiple rate plans?

Absolutely, you can set different rate plans to offer different benefits, time periods, room types etc.

Can I delete a rate plan?

If a rate plan is no longer needed, you can deactivate it. Alternatively, if you have planed the active period of the rate plan, you can set up the time period in YCS too. Then the rate plan will be inactive automatically.

 

Learn more