In order to provide the sources of your bookings with their appropriate Rates and pricing, a Rate plan can be assigned to one or more Rate schedules.
There are several "out the box" Rate Schedules, but you can create additional ones if required from the Pricing - Rate Schedules menu.
In the diagram below;
Bed & Breakfast is shared with your direct guest bookings and those coming in from OTA's.
You offer a discounted Advance Purchase rate only to those who book direct.
For your OTA's, you offer a Room Only rate with a cheaper headline price to generate interest, partly in the hope that guests will book with Breakfast.
Your corporate partners have an exclusive rate with negotiated discounted pricing, requiring a 2 night stay and is available only from Monday-Thursday.
To assign a Rate plan to a Rate schedule, Edit the Rate plan, and click Rate schedules:
