Room rate Management

Maximize occupancy & room revenue

WebRezPro PMS delivers powerful and flexible room rate management tools designed to help hotels maximize revenue and streamline operations. Easily manage a wide range of pricing strategies, including package rates, negotiated rates, derived rates, and dynamic yield management.

What is Room Rate Management?

Room rate management is an important aspect of the lodging and hospitality industry that involves setting, adjusting, and optimizing hotel room prices to maximize revenue, boost occupancy, and stay competitive in a dynamic market. For hotels of all sizes—whether boutique properties, resorts, or large chains—effective rate management ensures that pricing aligns with demand, seasonality, local events, and guest behavior.

In today’s digital age, room rate management goes beyond simple pricing. It integrates revenue management techniques, real-time data analytics, competitor benchmarking, and dynamic pricing tools to help hoteliers make smarter decisions. By leveraging technology and rate intelligence, hotels can avoid underpricing rooms during high demand or overpricing them during low seasons.

Whether you’re using manual strategies or automated hotel rate management software, having a solid approach to pricing is essential for long-term success. From daily rate updates to seasonal pricing strategies, mastering room rate management can significantly impact your bottom line.

Standard rates

Enjoy unlimited rate changes with advanced day-of-week pricing capabilities, giving you complete control over your hotel’s revenue strategy. For maximum flexibility, easily override standard pricing, adjust minimum length of stay (LOS), and apply close-to-arrival or close-to-departure restrictions on a day-by-day basis.

Package rates

Sell bundled offerings that combine the room rate with additional products or services, such as meals, activities, or amenities. Package rates are set to attract guests by offering more value in a single rate, often higher than the base room rate alone but inclusive of the extras. Package rates are commonly used to create all-inclusive deals, wellness packages, or promotional bundles and involve specific rate plans distinct from regular room rates.

Derived rates

Derived rates use pricing and restrictions from a base rate, allowing you to easily create discounts and add-ons based on existing rates. Derived rates can be created as a percent discount or a fixed price adjustment (above or below) of a base rate.

Password-protected rates

Password-protected rates can only be booked using an assigned access code and are useful for selling coupons and restricted rates and discounts.

Negotiated rates

Negotiated rates provide an additional layer of pricing flexibility, allowing hotels to tailor special rates to meet the unique needs of corporate clients, group bookings, travel agents, or long-term stays. These customized rate agreements cover a wide range of circumstances—such as volume-based discounts, seasonal partnerships, or preferred client arrangements—giving you the ability to offer competitive pricing while maintaining profitability.

Corporate rates

Set up rates for corporate customers that can be designated to specific corporate accounts.

Easy rate overrides

Stay ahead of the room rate management game with quick and easy override tools that make changing pricing and availability a breeze.

Yield management

WebRezPro’s yield management module helps you maximize revenue by allowing you to set up rules for your system that will automatically adjust rates in response to changes in availability.

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