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NederlandsYou can manage the pricing details of your rates from the Pricing tab of your rates, which you can access via the Rates screen in Mews Operations. You or your revenue managers can do so to manage your pricing strategy and update your rates at any time.
Note: Mews only stores past data for 14 days. You cannot see data which you amended over 15 days ago.
Once you create and configure a rate, you can use the Pricing tab to:
- Set up the base price of a rate
- Adjust a price for entire space categories
- Override a price for specific dates
You can manage your dependent rates to adjust prices for seasonal pricing. You can learn more here.
To access the Rates screen:
- On the Mews Dashboard in the Occupancy section, click on
, or
- You can:
- In Mews Operations, go to the main menu
> Settings > Services.
- Choose your bookable service, for example, Stay .
- Scroll down and click on Rates.
- To manage the pricing of a rate, you can:
- Click
on the right of the screen for the rate you want to see the pricing details, OR
- Click on the name of a rate you want to access the pricing details for, then click
- Click
alongside the rate you want to see the pricing details for, then select View details and click
- You can see your rates pricing details on the Pricing tab, which is also known as the Rate management screen in Mews Operations, as below:
In this article you can learn about the following data, that you can view on the Rate Management screen:
- Occupancy
- Base price
- Adjusting a price for entire space categories
- Overriding a price for specific dates
Occupancy
The Occupancy row shows your occupancy per day. The darker the color of the occupancy box on a certain day, the higher your occupancy rate is on that day.
- Click on
next to Occupancy to expand this row to see your occupancy per day per space type.
Base price
Your Base price is the price that you base all of your other prices on. Mews recommends setting up a base price to avoid sending incorrect rates of 0 to channel managers for future dates.
- Click on
- Mews highlights the adjustments to the base rate, and a small triangle in the corner of a box indicates that there was a price override for that space type and date.
Adjusting a price for entire space categories
Base rates
If you want to adjust prices for entire space categories for your base rates, for example, independent rates, click on the Adjust icon, alongside the Base price of your rate, to adjust your price properties as below:
This opens a side screen to display the following price properties for the rate:
- Base price: Click on Base price tab and adjust your Base price, Currency and Tax rate. Click Update.
- Adjustments: Click on Adjustments tab to edit the following:
- Extra occupancy adjustment: Enter the price you want to charge guests when adding an additional occupancy to the space. You can learn more about this here.
- Negative occupancy adjustment: Enter the amount you want to remove from the total price for each empty bed. This should be a negative number, if you want to take 10 euro away per empty bed, then enter "-10".
- Click Update.
- Age categories: Click on the Age categories tab to edit the following:
- Standard occupancy, and
- Extra occupancy for each age category you set up, then click Update.
Note:
- Mews applies adjustments to the pricing of your rate firstly per date and space category, then by applying occupancy adjustments according to the age categories you set up, before calculating the dependent rate.
- Mews does this by:
- Taking the adjustment you make from the base rate to the dependent rate, and
- Adding this to the price of each room, or space category.
You can learn more about configuring age categories here and setting occupancy adjustments based on age categories in detail here.
Dependent rates
If you want to adjust the prices for your dependent rates, for example, the rates that depend on a base rate, you can create a base price adjustment.
You can also manage your dependent rates by adjusting prices to create seasonal pricing. You do so by clicking on the specific rate in the pricing grid. You can learn more here.
To do so:
- Click on
alongside the Base price of your rate, as in the above screenshot, then
Adjust alongside the dependent rate you want to adjust. This opens the following price properties:
- Base adjustment category: Click the dropdown to select the category to adjust the base price of, for example, Deluxe room.
- Relative adjustment: Enter a percentage which determines the price, that Mews uses to adjust from the selected Base rate, for example, if your base rate is 90 and you enter '-10', Mews adjusts the price to 80.
- Absolute adjustment: Enter a specific amount which determines the price, that the system adjusts from the selected Base rate, for example, if your base rate is 90 and you enter '-10', Mews adjusts the price to 80.
- Click Update.
Overriding a price for specific dates
If you want to adjust the price of a specific space category on a specific date, you can create a price override.
To do so:
- Click the box with the price you want to change, and complete the following fields:
- Start: Select the first day in the period of time you want to create a price adjustment for.
- End: Select the last day in the period of time you want to create a price adjustment for.
- Days: Choose the days you want the adjustment to apply to.
- Override: Enter the price you want the space category to cost for the chosen time period.
- Click Override.
This adjusts your price. You can click on Remove adjustments to remove your adjustments.
Note: When you create a price override, Mews selects the price of the following day, in the same space category, so that you can adjust multiple prices in the same row or else close the session.
You can learn more about creating a rate in Mews Operations here.