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Rate Management / What is a Base Rate? /
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What is a Base Rate?

In AdvanceCM, a Base Rate is required for each rental. This rate is used as a fallback when no other rates are available.  

The Base Rate is defined on the rental rate settings overlay which can be opened by clicking on the rental in the rates calendar.

The rental Base Rate is pushed to all API channels - except Airbnb. For Airbnb, in practice, the channel requires that you set standard rates and push those primarily - we can send rates for up to 2 years from the present day.

Add a Base Rate

The base rate is a fallback rate, which is applied if there are no matching Standard rates for the booking dates. To add a base rate to your rental please do the following:

  1. First, click on the rental name to which you would like to add a base rate to.

  2. Scroll to the Rates tab

  3. Click on the Settings option.

  4. Complete the required information and click the Save button on the top right.

Rate Name: Descriptive name for the rate period

Minimum Stay:  Minimum amount of days guests are allowed to book 

Maximum Stay: Maximum amount of days that this rental can be booked

Nightly: Nightly rate

Weekend Night:  Saturday rate and Sunday rate (optional).

Weekly: Rate that is applied if a guest stays Monday through Sunday (optional).

Monthly: Rate that is applied when a guest stays for an entire month (optional).

Additional Guest Fee: Charge x amount for per person per night, above y guests

Guest count: Number of guests allowed for this rental before additional fees apply.

Note: Not every channel supports this structure. For example, if a channel does not support a weekend rate,  AdvanceCM will send the nightly rate.

After you define your base rate settings you will see this rate apply to channels when you have not created a Standard Rate to apply.

Airbnb

​The rental base rate found on the Rates Settings tab is not pushed to Airbnb, this must instead be updated in the Airbnb connection Price Settings.

Price Settings for Airbnb is found on the Connection Details page by going to Channels > Airbnb >Click on the connection > Actions > Price Settings: 

Price settings are specific to Airbnb listings. Once connected through the API connection, you'll realize that there are settings that are disabled on the channel. Well, they have allowed you to set this through those settings. Prior to connecting, you would've been able to set the base rate. 

The base is intended to be used as a fall-through rate, meaning that if a rate does not exist the base is used.

Given that each OTA has different rules and regulations regarding the scope of the base rate we advise to set a standard rate for all dates to avoid any ambiguity that could lead to rate discrepancies. 

As always, please contact us with questions any time.  We're happy to help.
How did we do? Thank you! We appreciate your feedback.
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