What type of Parental Controls are there?

It lists Parental Controls, then mentions a "Guest Access". Are they the same thing or are they separate? Our current router has guest access, but I have to babysit it when we have guests log into it. I would like a router where I can set up control over what times certain devices can access the internet. Preferably, only having to set it up once and not each time a user logs in. (IE. lets me kick the teens off the wireless on their phones at midnight, disables the bluray at midnight and/or disables certain laptops at midnight.)