In this video, we will be reviewing the “Rack Rate Management” module. The video provides a step-by-step walkthrough of how to create, edit, remove, and copy rack rates. It explains the various filters 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 change existing rates and efficiently create new rates with similar parameters.