For those of you who've been with OwnerRez for awhile, you've encountered (and fought with!) the rates system. We've added and enhanced it over the past decade, including new concepts like spot rates, but the underlying rates and seasons concepts and editors have been basically the same for that period.
Over the holidays this year we did a lot of thinking about rates and came up with a new modernized design that makes seasonal rates simpler, more powerful and a LOT easier to work with -- using a similar editor as Spot Rates has in the Rate Calendar.
Note: If you're not using seasons/seasonal rates at all and are just using spot rates, or are using a tool like Pricelabs, this won't affect what you're doing now. But if you like the idea of being able to set seasonal default rates, then set spot rates on top, this makes it a lot simpler to do that!
We've been hard at work on the new rates system and editor ever since, and are proud to finally announce the culmination of all of that work!
The new rate editor puts your seasons and seasonal rates all on one screen and lets you set and update the amounts at a click. That gives you a foundation of seasonal default rates which you can then override with spot rates to tweak amounts for specific dates. Read more about the seasonal rates editor.
We've also removed a lot of the fiddly settings that tend to trip people up -- like priority, stay allowed, rate length and taxability, etc. -- in favor of simple rules based settings like Length Of Stay (LOS) discounts that play well with spot rates and are supported by channels.
If your account doesn't use any of the old concepts, you've been automatically upgraded to the new rates editor. If you have been using the old concepts, we haven't upgraded your account yet and left it in legacy rates mode for the time being. There is an upgrade tool you can use to convert to the new system.
We've got a lot more updates planned over the next year, both for the new seasonal rates system and the spot rates system. Very excited to see these two concepts coming together to make a powerful whole!
