Rates overview
It is vital to your business that your Rates are set up correctly. Pricing your accommodation affects your sales team, financial team, agents, revenue services and stakeholders. Rates impact virtually every aspect of your business so pricing your accommodation right is imperative.
Watch this short video tutorial to gain a better understanding of how Rates work in ResRequest.
ResRequest Rates OverviewWe understand that managing Rates for a small, medium or large company is a massive undertaking. When you would like to be spending time selling, marketing and operating, it can feel crippling to be stuck trying to interpret and capture your Rates. That said, it’s a crucial part of working with ResRequest and forms a stable base from which you can work.
Setting up Rates in your ResRequest system must be done from the start so that your accommodation is priced right, your reservations and summaries communicate the right costings to your customers and your taxes are all correct. This in turn pulls through to all your reports so your business analysis and accounting reconciliations are all correct.
There are two options for your Rate setup:
- When ResRequest creates your Rates
Use ResRequest’s Data team to set up your rates for you.
- Setup and manage your own Rates
Use these comprehensive Rates tutorials to guide you in creating your own Rates.
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