🏨 Hotel Room Pricing Rules – Frequently Asked Questions (FAQ)
1. What are hotel pricing rules?
Hotel pricing rules allow owners to automatically adjust room rates based on specific conditions like seasonality, occupancy, day of the week, minimum/maximum price, and last-minute bookings.
2. What pricing rules can I set for my hotel rooms?
You can configure rules based on the following criteria:
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Seasonality: Adjust prices during high or low-demand periods (e.g., holidays, festivals).
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Day of the Week: Set different rates for weekdays vs. weekends.
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Minimum Price: Ensure prices don’t fall below a set threshold.
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Maximum Price: Prevent prices from exceeding a predefined cap.
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Last Minute: Offer special rates for bookings made close to check-in.
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Occupancy: Dynamically adjust prices based on room occupancy levels.
3. How does the seasonality rule work?
You define specific seasonal periods (e.g., summer holidays) and apply price adjustments.
Example: Increase prices by 20% from June to August, or reduce them during off-peak seasons.
4. How do day-of-week rules work?
You can assign different rates to different days of the week.
Examples:
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Increase rates by 10% on weekends (Saturday & Sunday).
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Decrease rates by 10% on weekdays like Wednesday to encourage bookings.
5. What is the minimum and maximum price rule?
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Minimum Price: Prevents room rates from dropping below a specific limit.
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Examples:
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Day of Week: Minimum rate of ₹1,000 every Friday.
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Date Range: ₹1,200 minimum during peak travel weeks.
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Monthly Rule: No rate under ₹900 in December.
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Maximum Price: Ensures room prices don’t exceed a defined cap, helpful for maintaining customer trust and regulatory compliance.
6. What is the occupancy-based pricing rule?
Rates change depending on how full your hotel is:
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Increase prices by 10% when occupancy exceeds 80%.
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Offer discounts if occupancy is below 30%.
7. What is the last-minute rule?
This rule adjusts prices based on proximity to check-in time.
Examples:
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Offer a 20% discount for same-day bookings.
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Increase rates for bookings made within 24–48 hours during high-demand periods.
This helps you either fill last-minute vacancies or take advantage of urgent demand.
8. Can I combine multiple pricing rules?
Yes. You can combine several rules—e.g., a weekend rate + high occupancy surcharge + minimum price.
The system calculates the final rate based on all active rules.
Example: Base price= Rs1500, Seasonality rule: 30% (Rs1500*30%=Rs450) and minimum price (Rs5000).
9. Are pricing rules applied automatically?
Yes. Once configured and activated, the system automatically adjusts room rates in real time based on the active pricing rules.
10. Can I preview or test pricing rules before they go live?
Yes. A preview mode or rate calendar lets you see how pricing rules will apply. Always review changes before activating them.
11. Can I override rules with manual pricing?
Yes. You can manually set a fixed price for a specific room or date, and it will override the automated rules for that scenario.