Pricing Strategy widget
Use the Pricing Strategy widget to view or adjust the pricing strategy for a selected date.
You can modify the minimum and maximum prices for each room type.
Note: This widget is
available only for properties using Continuous Pricing.
The widget displays a table with this information:
- Room Type
- The name of the room category (e.g., Standard, Deluxe, Suite). This is Listed in the same order as the Room Types screen in the PMS (Property Management System).
- Min Price
- The minimum allowable price for the room type.
- Max Price
- The maximum allowable price for the room type.
- Pricing Strategy Label
- The name and color of the current pricing strategy for the selected date.
You can perform these actions using the
option:
- Select the option to modify the pricing strategy.
- Select the option to modify the minimum price and maximum price.
You can create custom strategy by modifying the Min
Price and Max Price
Note: If the current price is
equal to the maximum price, the maximum price is highlighted in red color, and the
Max price reached. Consider increasing it or switching to a different
strategy message is displayed.