Open Pricing Rate Engine: Price Every Room Type on Its Own, Within Rules You Set
Fixed multipliers ("Deluxe = Standard + $40") leave money on the table on busy weekends and price you out on quiet Tuesdays. The Propeter rate engine calculates a rate for each room type, rate plan and date from your strategy and current demand inputs, applies your guardrails and offer rules, and shows how it got there. Your team approves before anything is published.
Per room type & rate plan
Pricing
After your approval
Publishing
Floors, ceilings, daily caps
Guardrails
Move Beyond Fixed Room-Type Multipliers
Demand for suites and standard rooms rarely moves in step. Open Pricing lets you recommend and set rates per room type and rate plan, with configurable room-type differentials and pricing segments, so a premium category can move with premium demand while entry rooms stay competitive.
- Rates calculated per room type, rate plan and date rather than as a fixed offset from a base room
- Configurable room-type differentials and pricing segments where you do want rooms linked
- Rate plans, length-of-stay rules, corporate and member rates handled in the same calculation
From Strategy to an Approved, Published Rate
Revenue Management decides the strategy; the rate engine turns it into a specific rate and keeps it inside your rules. Each rate passes through a sequence of stages, and the inputs and adjustments at each stage are recorded so the result can be explained and audited.
- Base and strategy rate: your strategy for the room type, segment and date
- Market and demand adjustments: demand forecast, competitor snapshot and price-elasticity estimates
- Rate plan and offer rules: rate plans, member and corporate rates, promotions and packages, with stacking rules (exclusive or stackable) and a maximum-discount cap deciding which offers combine
- Guardrails: rate floors, ceilings and maximum daily change; recommendations that break them are blocked from publishing
- Taxes and rounding: configured taxes and fees are calculated per quote
- Review and publish: your team approves recommendations individually or in bulk, and approved rates are published through your connected PMS
Stop Stacked Promotions From Eroding Direct Margin
When a seasonal code, an advance-purchase discount and a member perk all land on one booking, margin disappears. In the Propeter booking engine, offer rules decide which discounts can combine, a maximum-discount cap limits the total, and quotes are held to your rate floors.
- Mark each offer as exclusive or stackable
- Cap the total discount any booking can receive
- Booking-engine quotes are clamped to the floors you set per room type and rate plan
Pricing Control for Revenue and Commercial Teams
The mechanics behind every rate Propeter recommends, and the controls that keep it inside your positioning.
Multi-Stage Pricing Pipeline
Each rate is built in stages — strategy, demand and market adjustments, rate plans and offers, guardrails, taxes and rounding — with the inputs recorded.
Explainable Recommendations
See the strategy rate, competitor snapshot, demand forecast, elasticity and guardrail adjustments behind each recommendation, plus any risk flags.
Floors, Ceilings and Daily-Change Caps
Floors and ceilings you set per room type and rate plan, plus a cap on how far a rate can move in one day. Date freezes keep pricing runs away from dates you have fixed.
Offer Stacking Rules
Exclusive or stackable offers and a maximum-discount cap decide which promotions, packages and member rates combine.
Human Approval
Approve, edit or reject recommendations individually or in bulk. Only approved rates are published.
Taxes, Fees and Currency
Configured taxes and fees are calculated per quote; exchange rates for multi-currency display refresh daily.
Frequently Asked Questions
See how a rate is built, explained and approved.
We will walk through the pricing pipeline on your own room types and rate plans. USD 5 per room per month, all modules included.