Non refundable rates
From hoteliga
Adding "non refundable rates" is very important as it will reduce significantly the cancellations of reservations. More specifically, a non refundable rate is the lowest price you can offer for a double room, which don't includes extras. The client can pay the full price at the time of booking in order to earn a better price. Also, this is a good way to earn new clients that they would like to reserve a room at a lower price.
To set a non refundable rate, follow the next steps:
1. Click on the button "Options".
2. "Settings"
3. "Price Lists"
4. "New price list"
5. Click on the tab "Non refundable rates"