How does Guesty calculate multiple rate strategy pricing rules on the same date

The information in this article is relevant only for Pro users at this time.

When using a rate strategy, price changes and minimum nights are immediately and automatically updated in the relevant listings' calendar based on the rules you set up. If multiple rules are added to a rate strategy, more than one pricing rule could apply on a single date. When this happens:

  • If the overlapping discounts are all the same type - percentage or fixed-price - they will be aggregated. For example, if an "increase by 15%" rule and a "decrease by 5%" rule apply on the same date, the price will increase by 10% (15% - 5%).
  • If the overlapping discounts are not the same type - percentage and fixed-price - we will apply the percentage discount first and then add/subtract the fixed-price discount from that amount.

See some examples below.

Overlapping percentage discounts

Rule 1: Seasons
  • 15 November - 15 January
  • Decrease by 5%
Rule 2: Holiday and event
  • 20 December - 2 January
  • Increase by 20%
For a reservation between 21 December - 1 January, the listing's base rate will increase by 15% (20% - 5%).

Overlapping fixed-price discounts

Rule 1: Seasons
  • 10 October - 20 November
  • Decrease by $15
Rule 2: Holiday and event
  • 5 November- 1 December
  • Increase by $5
For a reservation between 10 November - 15 November, the listing's base rate will decrease by $10 (-$15 + $5).

Overlapping percentage and fixed-price discounts

Rule 1: Seasons
  • 1 April - 1 June
  • Decrease by 5%
Rule 2: Holiday and event
  • 10 May- 25 May
  • Increase by $15
For a reservation between 15 May - 20 May, the listing's base rate will decrease by 5%, and then $15 will be added to that amount.

Tip:

You can set a minimum and maximum limit to avoid under-pricing or over-pricing. Even if a rule is going to drive the listing's price below or above the limit, it will still stay within the limits.

Was this article helpful?
1 out of 1 found this helpful