What is the difference between the room rate and rate plan?

A room rate is the price per night guests must pay when staying at your property. The displayed room rate is determined based on the applicable rate plan at your property. You can set the room rates in the Manage Rates & Availability submenu under the Rates & Availability menu.

A rate plan is a pricing arrangement that includes meal options, prices, cancellation policies, and restrictions. You need to create a rate plan before setting the room rates. You can create a new rate plan in the Rate Plan submenu under the Rates & Availability menu.