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Rates based on length of stay

Status: Declined 0 Votes
Julie R
Apr 20, 2024 9:55 PM
Joined Sep, 2019 9 posts

Hello,

Is Ownerrez capable of adjusting the rate for a stay with a smaller number of days? (adjust the nightly rate based on the length of stay if there is a minimum night stay) For example, if I have a minimum stay of 5 nights and someone searches on an OTA for 3 nights can the software adjust the nightly rate for 5 nights to three nights? So if a 5 night stay was $1000 per night a 3 night stay would be $1667 per night.  This would greatly help with VRBO's new search system where it is almost impossible to find the calendar with available nights.  

I guess it is called dynamic pricing. Is it possible to do this without using a company like pricelabs or beyond?

Thank you,

Julie

Ken T
Apr 21, 2024 12:45 AM
OR Team Member Joined Aug, 2019 1596 posts

This is not something that is possible, because the listing channels don't support it.

However, they do have a way of accomplishing more or less the same thing mathematically - a Length-of-Stay discount.  And OwnerRez does support this:

https://www.ownerrez.com/support/articles/length-of-stay-discounts