Weâve recently given Hospitable Dynamic Pricing users the ability to customize their last minute pricing and added additional controls to customize far future pricing. Check out the video below for a walk-through of the new controls.
Weâve always had a last minute pricing strategy for hosts, but previously we werenât able to show you what we were doing and we didnât let you personalize your strategy. Now you can edit both the dates and markdown amounts. For most hosts, this is a series of discounts starting as far out as 60 days and stair stepping into higher discounts as the lead time of potential bookings goes to zero. The goal of this strategy is generally to fill any remaining gaps in your calendar to reach your ideal occupancy.
We previously released the ability to set custom markup/markdown amounts for far future pricing, and based on your feedback weâve now given you the ability to control the dates as well. For most hosts, this is a series of markups starting from a minimum of 60 days out and increasing as dates get further and further into the future. The goal of this strategy is generally to price your far future dates opportunistically high, as you generally donât yet have a clear signal on local demand that far out.
Both controls have an option to reset to default if you ever want to change your strategy back to the recommended settings for all hosts.
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