You can create a rate plan from the rate plans tab.

1. Unlock the lock.
2. Click +Create rate plan.
3. Assign the general conditions you want for your rate plan.
4. Assign the other optional conditions in the conditions tab:
   • MLOS: Minimum Length of Stay to book a space.
   • Min/Max advance booking: related to early bookings and last minute bookings.
   • Allotment: Is there an allotment for this rate plan? Configure it and the algorithm will take it into account for recommendations and restrictions.
   • Booking window: Dates when the customer is going to stay in the establishment.
   • Travel window: When the customer makes the booking.
   • Allow to stop sell: The algorithm always recommends the best combination to maximize RevPAR, this will include stopping sales in some rate plans that won’t allow to maximize it.
   • Dynamic discounts (promo rates): Promo rates with flexible discounts, does it sound good? You’ll always have the lowest recommended price for this rate. Make sure this is the lowest rate.
   • Allow price disparity by channel/agency: Select in case you sell this rate plan with different prices by channel.
5. Select the type of price and the spaces.
6. Review the price details.
7. Map the corresponding PMS code.

Visit the following articles to setup your rate plans:

• Assign conditions to a rate plan (meal plan and cancellation policies)
• Create a BAR rate plan
• Create an advance booking rate plan
• Create a MLOS rate plan
• Create a non refundable rate plan
• Create group and/or negotiated rate plans
• How to configure price limits for a rate plan
• How to create dynamic discounts
• How to activate price disparity by channel in a rate plan
• How to map your rate plans with the PMS or Channel Manager