In Millenium Connect, a rate plan is the structure used to manage prices for a listing.
For most short-term rentals, you only need one rate plan. It simply defines how nightly rates and basic stay rules are applied to your listing and synced to booking platforms.
Why rate plans exist
Rate plans allow Millenium Connect to:
Apply rates consistently to your listing
Sync prices correctly with booking platforms
Support future pricing rules or integrations
Even if you don’t actively manage multiple pricing strategies, at least one rate plan is required.
How rate plans are used in practice
In day-to-day usage:
You select a rate plan when viewing the Rates & Availability calendar
You update prices directly by date
The rate plan acts as the reference for syncing those prices to OTAs
Most users keep a single rate plan and focus on updating rates through the calendar.
When you might use more than one rate plan
In some cases, you may create additional rate plans, for example:
Different pricing rules for special periods
Specific setups required by a booking platform
Advanced pricing or future integrations
If you’re unsure, sticking to one rate plan is perfectly fine.
What to do next
To start updating prices for your listing, continue with Updating rates, where you’ll learn how to change rates for specific dates and push those changes to booking platforms using the Sync button.