You can use Guesty's rate strategy feature to automatically adjust pricing and minimum nights on your listings in bulk, based on the rules that you set up. This article will help you understand how this works alongside other Guesty features, third-party tools, and your connected booking channels.
Third-party pricing tools
If you are using third-party pricing tools via Guesty's Marketplace, the rate strategy feature should not be used, except for the following scenarios:
- To group listings together, for use in Guesty's rate plans feature.
- To set up minimum night rules, rather than pricing rules.
- To create rules that restrict check-in or check-outs on certain days of the week.
Discounts
If you have added weekly or monthly length of stay discounts to a listing in Guesty, these discounts will be applied in addition to the prices calculated by rate strategy rules.
Example
If the nightly price is on a calendar is $120 after the rate strategy rules have been applied, and there is a weekly discount of $20 set up on the listing, the price sent to the booking channels will be $100.
Rule-Sets in Airbnb
If you have set up rule-sets in Airbnb, they will be calculated on the price generated by the rate strategy. See the example below.
Example
- The nightly price generated by a rate strategy is $100.
- You have set up a rule via Airbnb's multi-calendar to increase the rate by $20.
Extra-person fee & markups
If you have added extra-person fees and/or markups to your Guesty listings, they are added to the price generated by the rate strategy. See the example below.
Example
- The nightly price generated by a rate strategy is $100.
- The listing's extra-person fee is $20.
- The listing's markup is $10.