Using Price Adjustments
You can use price adjustments to manage temporary specials and other context-dependent changes in price.
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You can use price adjustments to manage temporary specials and other context-dependent changes in price.
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Navigate to Product Setup → Price Adjustment
Existing Price Adjustments can be viewed once you search from a chosen date.
New Price Adjustments can be made by clicking the button at the bottom right corner of the page.
Existing Price Adjustments can be selected and edited one by one, or selected and deleted in bulk with the check boxes on the left.
Price adjustments can:
Be set as a percentage of the rate or as a fixed fee.
Apply to all or a subset of booking channels (booking sources).
Increase or decrease rates.
Apply only to certain stay dates.
Apply only to certain booking dates.
Apply only to bookings with a minimum and/or maximum duration.
Apply only to bookings with start dates between x and y days in the future.
Adjusted rates will show via all bookings channels an adjustment is applied to. Agents linked to your account are able to see the amount a price has been adjusted. On public widgets, for adjustments which result in a lower price, the rack rates will be displayed struck-through with the adjusted rate displayed below. For adjustments which result in a higher price only the adjusted rate will be displayed.
If an accommodation booking overlaps a period with a percentage adjustment, the adjustment will be applied to the nightly rate of the nights that overlap the adjustment only.
If a non accommodation booking with a duration (where option A is length of booking – Please see Product Options for more) overlaps a period with a percentage adjustment, the booking total will be prorated over the duration of the booking and the adjustment will be applied to the days that overlap the adjustment only.
If a non accommodation product which has no duration (where option A is not length of booking) starts in a period with a percentage adjustment, the adjustment will be applied to the total value of the booking.
Example 3 – Rolling Early Bird Percentage Discount
Fixed rate price adjustments can be set to:
Apply to every night that falls in the period of the adjustment or, to apply once to every booking if the booking start date is in the adjustment period.
Be applied before or after calculation of agent commission.
Discount Code price adjustments can be set to work in conjunction with any/all other adjustment types and criteria, however they will only apply it the agent or vendor enters the Discount Code when making the booking or on the edit booking page:
or when the guest enters the code when booking via a widget:
Dates are inclusive (please check for unintended overlaps).
Multiple price adjustments can be applied to a single service. In this case adjustments are additive (i.e. 10% and 20% discounts applied to a single date range would give a 30% total discount).
A single price adjustment can apply to one or many services.
If adjustments are made or canceled for a date range that already has bookings this will not change the price of the existing bookings. However, if an existing booking’s price is updated, the booking’s price will be calculated based on the adjustments present at that time.
Rounding for adjustments is done on a discount by discount, night by night (day by day) basis.
Agent commissions for percentage adjustments are calculated based on the adjusted rate.
Agent commissions for flat rate adjustments can be calculated based on the rate before or after the adjustment is applied as appropriate.
Discount Codes are case sensitive.
Entering a discount code after manual changes to gross and sell will remove the manual changes and apply the adjustment to the underlying rate.
We recommend testing all price adjustments are working as intended, you can test this using the Price Calculator:
Navigate → Bookings → Price Calculator
The controls to Delete, Edit & Add can be found at the bottom right of the screen