To create a dynamic rate, set a number of price levels that you need:
1. Go to the “Room management” > “Rate levels”.
2. In the “Rate level settings” tab, create as many price levels as you need by clicking on the “Add a new level button”. Name them as you wish.
Every price level will be automatically assigned a color so that it is convenient to manage the price level calendar.
3. Go to the “Room management” > “Rates”. Create basic rates to use in the dynamic rate.
Usually, hotels create a basic rate “Rate 0 (Basic price)”, then create derived rates “Rate +5%”, “Rate -5%” etc. In settings for basic rates, it is important to clear all the checkboxes in the “Sale sources” section so that they are not offered to the guests separately from the dynamic rate.