Revenue managers and pricing strategists use price level adjustments in Mews RMS to shift all price recommendations up or down across a defined period and set of space categories. You do this when your price recommendations feel generally off, for example, either too high or too low, and you need to apply a consistent strategic correction quickly, without editing individual dates one by one. You can access price level adjustments on the Pricing screen of Mews RMS.

 

What price level adjustment does:

 

The price level adjustment feature lets you increase or decrease all of your price recommendations by a percentage across either all upcoming stay dates or a custom date range. You can apply the adjustment to all space categories at once or to specific ones. This means you do not need to open individual dates to update pricing manually.

 

In this article, you can learn about:

• How to adjust price levels in Mews RMS

  • Choose your date range

  • Select space categories

  • Set the percentage adjustment

  • Review and confirm

 

How to adjust price levels in Mews RMS

Choose your date range

1. In Mews RMS, in the side navigation menu, click Revenue > Pricing.

2. In the top-right corner of the Pricing screen, select Edit prices.

3. From the dropdown, select Adjust price levels.

4. Choose how you want to define the period for the adjustment:

   • Select All upcoming stay dates to apply the adjustment to every future date in your calendar.

   • Select Custom date range to specify a start and end date.

Select space categories

5. Choose which space categories the adjustment applies to:

   • Select All space categories to apply the adjustment across your entire inventory.

   • Select specific space categories from the list if you only want to affect certain room or space types.

Note: You can switch between space categories on the preview screen to check the current level and adjusted level for each one before you confirm.

Set the percentage adjustment

6. Choose the direction of the adjustment:

   • Select Increase to raise price recommendations.

   • Select Decrease to lower price recommendations.

7. Enter the percentage you want to apply. Smaller adjustments, for example, under 10%, give you a more controlled result. If you need to apply further correction, you can always return and apply another adjustment after reviewing how the recommendations look over the following days.

The preview updates to show you the current price level and the adjusted price level for each selected space category.

Review and confirm

8. When you are satisfied with the adjustment, select Next.

9. Review the summary, which shows the date range, the selected space categories, and the percentage adjustment.

10. Click Save changes to confirm the adjustment to apply it.

Note: Processing the adjustment takes a few minutes. While the system updates price recommendations, a banner appears at the top of the Pricing screen. The banner disappears once the update is complete.

 

Once the system applies the adjustment, your price recommendations across all selected space categories and dates reflect the increase or decrease you specified. This means you can respond to a general shift in your pricing strategy quickly and consistently, keeping your recommendations aligned without any manual date-by-date editing.