A pricing model is a way of setting prices in an independent Booking.com rate plan. It is selected when creating a Booking.com rate plan. One of the pricing models available on Booking.com is the Derived Pricing model based on Occupancy-based pricing rules. It allows you to vary nightly rates depending on the number of people staying in a given room. All you need to do is choose the number of people that is the so-called Standard occupancy, and then select the percentage or fixed amount difference for the remaining occupancy levels.
It is worth remembering that you choose the type of pricing model when creating an independent rate plan in the Booking.com Extranet. In BedBooking, you can only edit the settings of the pricing model based on Occupancy-based pricing rules, but you cannot change the model type in a given Booking.com rate plan. If you would like to change the type of pricing model in your Booking.com rate plans, contact the BedBooking Support Team.
📌IMPORTANT
The pricing method presented applies ONLY to independent Booking.com plans. Dependent plans are calculated automatically based on the parent independent plan. You can read more about this in the article Booking.com dependent plans - editing and management.
How can I change Occupancy-based pricing rules?
To change the settings of a Booking.com rate plan based on the Occupancy-based pricing rules model, follow these steps:
1. Go to the Price list section in the menu, then click the Set prices tab.
2. Click the room where you want to change the settings of the Occupancy-based pricing rules model to open the room editing window.
The window contains all Booking.com rate plans that belong to the given room and are managed by BedBooking. If a given rate plan uses the Occupancy-based pricing rules pricing model, you can edit its settings.
3. Select the Standard occupancy, that is, the number of people for which you will enter prices in the price grid.
The entered prices will be the so-called Standard price and they form the basis for calculating prices for the remaining occupancy levels.
4. Set the price differences for the remaining occupancy levels.
Note that occupancy levels above the number of people in the Standard occupancy are increased by the entered differences, while occupancy levels below the Standard occupancy are decreased. Differences can be a percentage or a fixed amount.
5. Save the changes.
Examples of rate calculations using Occupancy-based pricing rules
Examples of use for a four-person room:
Increasing the amount:
If you set:
- Standard occupancy: 1 person
- Guest x4: 30 EUR
- Guest x3: 20%
- Guest x2: 10 EUR
- Guest x1: 100% (Standard price)
For example, with a set nightly rate of 100 EUR, for different numbers of guests you will get the following amounts:
- Guest x4: 130 EUR (100% + 30 EUR)
- Guest x3: 120 EUR(100% + 20%)
- Guest x2: 110 EUR (100% + 10 EUR)
- Guest x1: 100 EUR (100%)
By choosing 1 person as the Standard occupancy for a four-person room, you set this amount as the minimum, to which you then add specified percentages or amounts for each additional person, increasing the price depending on the number of guests.
Reducing the amount:
If you set:
- Standard occupancy: 4 people
- Guest x4: 100% (Standard price)
- Guest x3: 10 EUR
- Guest x2: 10%
- Guest x1: 30 EUR
For example, with a set nightly rate of 130 EUR, for different numbers of guests you will get the following amounts:
- Guest x4: 130 EUR (100%)
- Guest x3: 120 EUR (100% - 10 EUR)
- Guest x2: 117 EUR (100% - 10%)
- Guest x1: 100 EUR (100% - 30 EUR)
By choosing 4 people as the Standard occupancy for a four-person room, you set this amount as the maximum, from which you then subtract specified amounts or percentages for the remaining occupancy levels, reducing the price depending on the number of guests.
Calculating rates for Occupancy-based pricing rules using Commission and availability
If you use Commission and availability and want to learn how accommodation rates are calculated in the Occupancy-based rules model, you can find the detailed rate calculation method in the article How prices are calculated for Booking.com