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Newbie Question: Different prices for different channels

Undercard_Wonder
Jan 2, 2024 2:55 PM
Joined Nov, 2023 44 posts

Hi,

Pardon me if this has been asked and answered before, I couldn't find anything when I searched.

I'm using PriceLabs and OwnerRez; I'm pretty new to both of them but I have everything working to my satisfaction (mostly) with Airbnb.

Now I want to add VRBO, but I want to have different pricing.  Pricelabs when used directly with Airbnb and VRBO explicitly supports this. 

Does OwnerRez support this pricing from PriceLabs, or is there another way to "overlay" a premium or a discount for each channel?

Thanks in advance for any answers, much appreciated.

Adria H
Jan 2, 2024 4:22 PM
OR Team Member Joined Aug, 2022 119 posts

Hi Antony:

 

PriceLabs syncs to spot rates, which shows on Settings > Rates Calendar

Then, you can adjust the channel pricing via the  Settings > API> Channel > Changes button & "adjust" will enable you to increase or decrease your rent or rent + surcharges per channel.

Undercard_Wonder
Jan 2, 2024 5:02 PM
Joined Nov, 2023 44 posts

Thank you, but unless I'm doing something wrong I can only adjust rates within a date range, by channel or otherwise.

My interface doesn't show Settings > Rates Calendar, so I went to Setting -> Rates, and sure enough there's a calendar.  Here, I can adjust rates by selecting and then populating selected dates with a rate, but there is no way to select a channel and the setting are limited to the selected date range.

If I choose "Spot Rates" from the Rates Calendar I am shown a data dump, no ability to change anything.

So this approach is a dead end, for me at least, for now.

BUT upon further research, I find that I can set a premium or a discount in the channel API settings, and I was thinking of doing it like this until I read your reply.  Is this method not advised for any reason?

Thanks very much for the assistance.

Ken T
Jan 2, 2024 5:22 PM
OR Team Member Joined Aug, 2019 1572 posts

I find that I can set a premium or a discount in the channel API settings

That is in fact the simplest and most straightforward method, as long as all you want is a simple blanket percentage increase/decrease for that channel.