Our 100th Town Hall with a HUGE product announcement!
Plus, a fun recap from our CEO, taking a look back down memory lane!
This is a very exciting week for Hospitable as we celebrated our 100th Town Hall and announced the launch of our built-in Dynamic Pricing for users! The specific details about Dynamic Pricing are summarized below, but we definitely encourage you to watch the full recording of Wednesday’s Town Hall in case you missed it!
Be sure to check out all of our recent product updates in our changelog and join our upcoming events, including the Michigan STR Conference on May 1-2, our Dynamic Pricing Q&A on May 6, and our next Town Hall on May 14.
We also made a surprise update that we’re currently working on upgrading our Vrbo connection to make it a more seamless experience for users and be on par with our Airbnb and Booking.com connections! Lastly, you can sign up for a Dynamic Pricing onboarding session to get help setting it up and providing feedback!
The latest product updates
Built-in Dynamic Pricing is live
That’s right, Hospitable now has Dynamic Pricing built right into the platform! Using millions of data points that we run through our pricing engine, you can now manage your Dynamic Pricing conveniently on your Hospitable calendar! Our product team made sure to develop the feature to improve your performance, be transparent, simple, and save you time! You can read more about it in our detailed help articles.
How to get started with Dynamic Pricing
Our dynamic pricing tool was designed to be simple so you can easily preview, enable, and update it for any of your properties! Simply go to your Hospitable calendar, choose a property, and you’ll see Dynamic Pricing shown. You’ll also see a Preview Dynamic Pricing button. Click that and you’ll be shown all the pricing updates it would make based on your strategy.
Setting up your Dynamic Pricing
After previewing the pricing updates, you’ll want to enable them for your property. Click the Dynamic Pricing button on the right and customize your pricing approach. Choose between a more conservative, aggressive, or our recommended base price strategy. You can also set a minimum and maximum price. Take this interactive tour to explore the setup in more detail!
Who Dynamic Pricing is for
This feature is included at no additional cost for all users on our Host, Professional, and Mogul subscription plans. Our Legacy users will have to choose one of our updated plans to turn on Dynamic Pricing, but can preview the feature before upgrading. It’s great for all users, but especially the 37% not using any dynamic pricing tools today, so give it a try today!