Logo
  1. Help Center
  2. Properties
  3. Rates and Fees
Follow

Managing Custom and Event Rates

​Article contents

  • Create a Custom Rate
  • Custom Rate Fields Description
  • Third Party Pricing Tool Integration
  • Pricing Tester
  • Edit or Delete Custom Rate

NOTE: 

  • Custom rates can be used for one-off or repeat holidays, events, and seasons. 
  • Custom rates apply to a date range you select.
  • Multiple custom rates can be created.
  • If you are connected to a third party pricing tool, you do not need to set custom rates in MyVR.
  • For information on setting base rates and advanced options, see help article.

Create a Custom Rate

Step 1: Navigate to Properties > Properties > [Property Name]

Step 2: Click Rental Rates

Step 3: Scroll down to Custom Rates block

Step 4: Click New Custom Rate

new_custom_rate.png

Step 5: Fill out custom rate fields as needed (see details below)

Step 6: Click Save Rate

Custom Rate Fields Description

custom_rate_fields.png

1. Rate Name: Create name for internal reference, e.g. New Year, 4th of July.

2. First  / Last Night: First and last night which custom rates apply.

NOTE: 

  • This is not the same as check-in / check-out days. 
  • For example: For the rate to apply to a stay from July 1 to July 7, the first night on the custom rate is July 1, the last night is July 6.

3. Minimum / Maximum Stay: Minimum and/or maximum stay for the custom rate will override the base rate.

4. Repeat Annually - Select “Yes” for the same custom rate to repeat annually on the same dates.

NOTE: 

  • Select “Yes” for holidays or events that repeat on the same calendar date each year, e.g. New Year and 4th of July. S
  • Select “No” for annual events that have a different date each year, e.g. Thanksgiving.

5. Enter Nightly Rate, optional Weekend Rate

6. Enter optional Weekly Rate and optional Monthly Rate

7. Event Rate: Select “Yes” to require that all nights included in the custom rate be booked consecutively.

8. Restrict Changeover Day: Select Yes to restrict check-in / check-out to a specific day of the week.

Third Party Pricing Tool Integration

NOTE: 

  • If MyVR is integrated with a third party pricing tool, you do not need to create custom rates. The rates will automatically push from your pricing provider to MyVR. 
  • Integrated rates are visible under custom rates, as in this example:

custom_rates_-_third_party_pricing.png

Pricing Tester

Step 1: Click Open Pricing Tester (at bottom left of Custom Rates block)

Step 2: Enter dates to test pricing results and view complete Quote

NOTE:

  • Pricing tester can be used for all rate types: base rates, manually created custom rates, or third party pricing tool rates.
  • If date range includes both custom and base rates, these are indicated separately.
pricing_tester_results.png

NOTE: 

  • If date range does not meet Event type and/or minimum night requirements, a warning message shows.

event_pricing_tester.png

Edit or Delete Custom Rate

Step 1: Click more actions on the custom rate line

Step 2: Select View / Edit rate or Delete Rate

NOTE: Icon marked with an arrow indicates that the custom rate repeats annually.

Additional resources
  • Managing Base Rates
Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments

Related articles

  • Managing Base Rates and Advanced Options
  • Importing Properties in Bulk with CSV File
  • Unit Allocation Plan for Unit Type Inventory
  • Creating Custom Fields for Properties and Reservations
  • Fee types supported by channel

"MyVR's mission is to deliver the most powerful and user-friendly management and distribution software for owners and managers of vacation rentals. Trusted by thousands of forward-thinking managers around the world."


  • SOLUTIONS
  • Vacation Rental Owners
  • Property Managers
  • PRODUCT
  • Software
  • Applications
  • Services
  • Pricing
  • Signup
  • RESOURCES
  • Support
  • Community Forum
  • Developer Portal
  • API Documentation
  • System Status
  • COMPANY
  • About
  • Careers
  • Blog
  • Contact
© 2018 MyVR.com, All Rights Reserved
Privacy Policy " | " Terms & Conditions