Getting started with Guesty PriceOptimizer

What is Guesty PriceOptimizer and where is it available?

Guesty PriceOptimizer is a data-driven, machine-learning tool that gives you recommendations for your listings' nightly rates based on different time period intervals. Our interactive software takes several details into account based on market trends to offer the best-suggested prices.

PriceOptimizer helps maximize revenue and occupancy while saving you time and minimizing manual mistakes, making it an ideal tool for your property management business. Suggested prices can be manually adjusted at any time based on your individual needs.

Eligibility requirements including geo locations can be found here.

How is the recommended pricing generated?

To generate the recommended nightly rates, Guesty PriceOptimizer takes the following into account:

  • Your property's characteristics such as amenities, number of bedrooms, and geolocation, plus historical pricing
  • Your market trend (compared to similar properties) calculated daily, weekly, and during holidays
  • Manual changes you may have made in PriceOptimizer to your pricing or strategy

Before you begin

To use PriceOptimizer, you first need to activate your free trial period, then enable PriceOptimizer on your listing(s). Before activating, please note the following:

  • You must deactivate any other connected smart pricing tool before using PriceOptimizer to avoid pricing conflicts in your calendar.
  • Once activated, 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.
  • Use of Guesty PriceOptimizer starts with a 30-day free trial that can be canceled at any time.
  • You'll be notified 2 days before your trial ends.
  • The trial starts once the PriceOptimizer tool is activated (see following steps).
  • You must enable each listing for the recommended pricing to apply.
  • We suggest reviewing the pricing recommendations for each listing before you enable it

Activate PriceOptimizer

Pro users Lite users

Step by step:

  1. Sign in to your Guesty account.
  2. In the top navigation bar, click 
  3. From the drop-down, select Guesty add-ons.
  4. Click Guesty PriceOptimizer.
  5. Click Claim your 30-day free trial.
  6. In the pop-up, read and then click the tickbox to accept the Terms & Conditions and Pricing Plan.
  7. Click Start your free trial.

Enable PriceOptimizer on a listing

The next step is to review the pricing recommendations and enable PriceOptimizer on your listing(s). Once activated, the recommended nightly rate will automatically update in the listing's calendar and will recalculate on a daily basis.

At any time you can:

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