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Rate Manager Getting Started Guide

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Use the following videos and article links to learn more about common Rate Manager tasks and functions in RoomKeyPMS

💲Rate Wizard Overview

Click below to watch our videos:

🎦What is the Rate Wizard?
🎦How are Rates Distributed?
🎦Why are Client Types Used?

💲How to Create Rates

There are three steps required to create a new rate in the Rate Wizard, this article will give you step-by-step information about this process: 

Click below to watch video clips of each step:

🎦STEP 1: Create a Rate Plan
🎦STEP 2: Setup a Rate Template & Load Rate Prices
🎦STEP 3: Attach a Client Type (Make it Bookable!)

Here are some articles that show how to create Weekly and Monthly rates:

💲How to Manage Rates

Click below to watch our videos:

🎦How to make a rate Tier Enabled

A Tier Enabled rate is dependent on another rate plan price, making it easy to update price changes and rate restrictions. 

This is the method we recommend for creating easy-to-manage rates because you can tier a rate off of a master rate by Amount or by Percentage, or you can make it Equal to the master rate. You can also tier up (more than) or tier down (less than) the master rate. 

Here is an article with more step-by-step information:

🎦How to Change the Rate Price

Here is an article with more step-by-step information:

🎦How to Change the Price of One Room Type
🎦How to Change the Rate Template
🎦How to Add & Remove a Rate Restriction

Here is an article with more step-by-step information:

🎦How to Apply a Restriction to One Room Type
🎦How to View Rate Adjustment History

Here is an article with more step-by-step information:

💲How to Manage Rates on the eRes Booking Engine

eRes is a booking engine tool connected to your RoomKeyPMS database that allows online guests to book directly from your hotel website.

Click the videos below to learn how to manage rates on eRes:

🎦How to Add Rates to eRes
🎦How to Create Online Promotions
🎦How to Manage Online Promotion Cutoff Days
🎦How to Create a Free Night Promo

💲How to Manage Rates on GDS

GDS (Global Distribution Systems) is a distribution channel used to connect rates to 3rd-Party connectivity partners like Direct-Connect Interfaces (Booking.com, Expedia.com) and CRS/Channel Managers (iHotelier, SynXis, etc.)

Click the videos below to learn how to manage GDS rates:

🎦Overview of GDS-Connected Rates
🎦Uploaded vs. Derived GDS Rates
🎦Overview of Revenue Management Interfaces
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