Advanced Customizations
Seasonality
What is Seasonality? Seasonality in accommodation rental industry is how the demand at a broader market level varies with season or time of the year. For example - consider a small town which is famous for their Ski Resorts, it will see huge influx ...
Rounding and Smoothing
Dynamic Pricing changes every day; that is the beauty of it. But sometimes, you might want to see some uniformity in your prices while still staying competitive with the market factors. If that is the case, then rounding and smoothing can be the ...
Far-out Prices
We gradually increase the prices far out to ensure that for large events (yet to be announced), you're not the first ones to get booked. Also, because the demand for next period is uncertain and since we are looking to maximize your nightly rates, we ...
Demand Factor Sensitivity
Our price recommendations depend on many factors, but for easier understanding, you can classify them into three buckets: Broad trends: these are things that don't change drastically from one stay date to the next: base price, seasonality, etc. Daily ...
Length of Stay Pricing Adjustments
Length of Stay Pricing is a flexible pricing strategy that takes into consideration the number of nights the guest is planning to stay at the property. Based on the stay length, this customization sets a "Percent" price change on the final ...
Adjacent Factor Customization
Adjacent factor Customization can help encourage or discourage back-to-back bookings and lets you adjust the rate for the selected number of days before and after a booking. Let's take a look at how to make the best use of it for your use case: This ...
Pricing Offsets
The Pricing Offset customization sets a "Fixed" or "Percent" price change on the Recommended Price (after all other customizations have been applied). This was mainly developed for users who want comparable prices for mapped listings from different ...
Portfolio Occupancy Based Adjustments
Are you a property manager juggling multiple listings and seeking a comprehensive strategy for maximizing your revenue? Whether you have clusters of properties in the same vicinity or even within the same building, and you wish to adjust prices based ...