Activating Guesty PriceOptimizer on a listing

Important:

If you are already using another smart pricing tool, it should be deactivated before using PriceOptimizer to avoid pricing conflicts in your calendar.

Once activated on a listing, all pricing and minimum night restrictions are managed in PriceOptimizer. Changes to pricing or minimum night restrictions made in the Guesty calendar or listing settings will be overridden by PriceOptimizer.

After starting your 30-day free trial period for Guesty PriceOptimizer, the next step is to review the pricing recommendations and enable PriceOptimizer on your listing(s) as per the below instructions.

Once activated, the recommended nightly rate will automatically update in the listing's calendar and will recalculate on a daily basis.

Activate PriceOptimizer on a listing

Pro users Lite users

Step by step:

  1. Sign in to your Guesty account.
  2. In the top navigation bar, click the mode selector and select Growth mode.
  3. Click PriceOptimizer.
  4. Find the listing(s) you want to use PriceOptimizer on. You can search for a specific listing by name or nickname, or use the filters to find the listings that match your specific criteria. Click anywhere in the listing to open its pricing information.
  5. See the Pricing forecast data by clicking the tickbox for the following views at the bottom of the graph:
    1. Current pricing is the gray line in the graph and shows your current listing rates. 
    2. Recommended pricing is the blue line in the graph and represents PriceOptimizer pricing recommendations.
    3. Market pricing is the green line in the graph and shows the pricing of similar listings in the market.
  6. Review the Pricing forecast suggestions:
    1. Ensure the rates look accurate based on your market.
    2. Make sure your peak and off-seasons are depicted accurately.
    3. Set the minimum and maximum price limits.
  7. In the left menu, click Pricing strategy to open the sub-menu.
  8. Click on each of the following tabs. At the bottom of the "Pricing forecast" graph in each section, click the tickbox for "Current pricing" and review to compare:
    1. Base price recommendation
    2. Price limits by season
    3. Day-of-week strategy settings
    4. Seasonal strategy settings
    5. Holiday strategy settings
  9. Once you've reviewed the settings, click the toggle next to PriceOptimizer off to activate.
  10. In the pop-up, click the blue Activate button to confirm. It is important to note that PriceOptimizer will override any rate strategy rules you may have.
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