To receive bookings on your website and on your connected OTAs, you must configure your rental's prices and restrictions.
This article covers the topic of rental pricing and availability. Find out here how to amend your booking policies.
To read about setting up season rates, click here.
- Each rental must have a default pricing configured. This rate will be used to calculate booking costs during periods in which no season rate applies or when the connection to an external rate source like Pricelabs gets disconnected.
- The default pricing must be configured even if you want to restrict bookings only to the periods of your season rates. To restrict your availability to certain periods, you can use our Booking Window feature in the Rentals > Availability section, and create Closed periods from the Calendar section
- Rates and seasonal rates cannot be copied within a rental to automatically repeat (e.g., every summer).
Read about:
Pricing
As the Nightly price also functions as the fall-back price for when no season or external rates apply, we recommend configuring your mid-season pricing in the nightly rate. You can amend the name accordingly.
To configure your nightly price:
- Go to your left-hand menu and select Rentals.
- Select the rental you wish to edit and select Pricing.
- Now configure your nightly price using the following settings:
| Setting | Notes |
|---|---|
|
Base price |
Select the default currency for the rental. This will determine the currency in which you will see prices displayed in the rental's bookings in the reservation system.
Then, enter the base price of your rental. 🌐 This is exported to your website, Airbnb, Booking.com, Vrbo and Expedia. |
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Mark-up
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The mark-up is the percentage adjustment that will be applied to the base rate sent to your OTA (Airbnb, Booking.com...). You can use the mark-up to increase or decrease the price sent to the OTA and to counterbalance, for example, the OTA commission. Example: Base price in Lodgify: $100 per night Mark-up: 15% ➡ Base price in the OTA: $115 per night |
| Extra guest charge |
If you wish for the default pricing to apply only up to a certain number of guests whilst applying an additional charge for any subsequent guest, click on it to enter the extra charge per guest per night and after how many guests the charge will apply. 🌐 This is exported to your website, Airbnb, Booking.com, Vrbo and Expedia. More details here. |
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Short stay price
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If you wish to apply an extra charge when the stay is too short, click on it to enter the number of nights and the charge amount per night. Example - if you enter 2 nights, the short stay charge will apply to stays of 1 or 2 nights. 💡 Note: This setting does not override a minimum stay. If you set a minimum stay of 3 nights, the short stay will not allow guests to book for 1 or 2 nights. 🌐 This is exported to your website, Airbnb and Vrbo. |
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Length-of-stay prices
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If you wish to offer a weekly, monthly price, or a price for a custom period, click + Add and enter the rate for that period. 💡 Note: Weekly and other length-of-stay prices must be set as fixed amounts and cannot be applied as percentage discounts. If you have weekly and monthly rates set up on Booking.com, make sure to create the same rates on Lodgify so we can connect them. 🌐 The weekly stay is exported to your website, Airbnb, Booking.com, Vrbo and Expedia. |
| Fees |
Configure additional charges that are not included in the nightly price. They will be automatically added to the booking cost. If you wish to add an extra fee, click + Add and create a new fee. 🌐 This is exported to your website, and can be exported to Airbnb, Booking.com and Vrbo under certain conditions, more details here. |
| Taxes |
Add your local taxes and VAT, and choose whether to include VAT in the room price. Learn more about Sales Tax/VAT display. If you wish to add an extra fee, click + Add local tax or + Add Sales tax/VAT and set up your tax. 🌐 This is exported to your website, and can be exported to Airbnb, Booking.com and Vrbo under certain conditions, more details here. |
| Promotions |
If you wish to create special offers for certain periods or give a discount to certain guests by using a promotion code, click + Add and create your promotion. 🌐 This is exported to your website, and can be exported to Airbnb and Vrbo under certain conditions, more details here. |
| Add-ons |
If you wish to propose special services that can be booked directly together with the room booking, click + Add and create your add-on. 🌐 This is exported to your website only. |
| Other information |
Add your tax information for Airbnb to collect, remit, and report taxes. Change the label of your nightly price. 🌐 This is exported to your website and Airbnb. |
💡 Note: Make sure to select Save after configuring or editing the Pricing settings.
Availability
To change your booking restrictions:
- Go to your left-hand menu and select Rentals.
- Select the rental you wish to edit and click Availability.
If you don’t see the Availability section on smaller screens, click the little arrow pointing left at the top of the Overview section, the menu with this option will then appear. - Now configure the following settings:
| Setting | Notes |
|---|---|
|
Minimum stay |
Set a minimum stay requirement for all nights of your rental or for individual nights. The longest minimum stay requirement applicable during the entire booking period will be considered when determining the minimum length of stay required for a booking. If there are different minimum stay requirements for different dates within the booking period, the longest minimum stay requirement for the entire booking period will be applicable. 🔎 Example: Imagine you set a minimum stay of 2 nights for Monday and 3 nights for Tuesday. If a guest wants to check in on Monday, they will need to book a minimum stay from Monday to Thursday, adhering to the longest minimum stay requirement of 3 nights across the entire booking period. 💡 Note: If you have multiple room types, you can enter a minimum stay per weekday per room type. 🌐 This is exported to your website, Airbnb, Booking.com, Vrbo and Expedia. |
| Maximum stay |
Set a maximum stay requirement for all nights of your rental. If you are using Beyond pricing, the maximum stay will be managed on Beyond pricing side. 🌐 This is exported to your website, Airbnb, Booking.com, and Vrbo.
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| Preparation time |
If you wish to automatically block one or two days before and after each check-in/out, click on it to configure your preparation time. 🌐 This is exported to your website, Airbnb and Vrbo, but you can set a different preparation time for Airbnb by using the Custom setup per channel option. If you need to remove your preparation time, click the three dots next to Preparation time in the Availability section of your rental and select Delete. |
| Booking window |
If you wish to restrict guests from booking too far in advance, click on it and choose how many days in advance guests can book. 🌐 This is exported to your website, Airbnb, Booking.com and Vrbo, but you can set different booking windows for Airbnb and Booking.com by using the Custom setup per channel option. |
| Advance notice |
If you wish to limit how late in advance guests can make a reservation, click on it and select the latest booking time for this rental. 🌐 This is exported to your website, Airbnb, Booking.com and Vrbo, but you can set different advance notice for Airbnb and Booking.com by using the Custom setup per channel option. |
| Unavailable check-in/out days |
If you wish to restrict check-in and check-out to certain weekdays only, click on it and tick the days when check-in and check-out are not allowed. 🌐 This is exported to your website, Airbnb, Booking.com, Vrbo and Expedia. 💡 Note: If you want to set check-in or check-out restrictions for a specific period only, you can do this using Season Rates instead. |
💡 Note: Make sure to select Save after configuring or editing the Availability settings.
Sales Tax/VAT display
Choose whether to display the prices on your website including or excluding the Sales Tax/VAT.
- Go to your left-hand menu and select Settings.
- Click on Sales Tax / VAT, and choose to display your pricing Gross or Net, then click Save.
How the costs are displayed in the checkout
| Gross display | Net display |
|---|---|
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Only the total including the sales tax is shown:
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The total cost is shown once inclusive and once exclusive Sales Tax:
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