In this video, we will be reviewing the “Rack Rate Management” module. The video provides a step-by-step walkthrough of creating, editing, removing, and copying rack rates. It explains the various filters available for managing rack rates, such as searching by rate name, effective date, effective time, rate amount, holes (9 or 18), and cart or walk rate. The demonstration showcases how to make changes to existing rates and how to efficiently create new rates with similar parameters.