Configure your default rate settings

This article explains how to set the default rate of your rentals and configure certain conditions for bookings and stays. To read about setting up season rates, click here. To read about adding multiple fees and taxes to your rates, click here.

💡 Note: Each rental must have a default rate 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.
💡 Note: The default rate must be configured even if you want to restrict bookings only to the periods of your season rates. To restrict your availabilities to certain periods, you can use our Booking Window feature and create Closed periods.

Read about:

As the default rate also functions as the fall-back rate for when no season or external rates apply, we recommend configuring your mid-season pricing in the default rate. You can amend the rate name accordingly.

To configure your default rate:

  1. Go to your Main Menu in the top left corner and select Rentals.
  2. Select the rental you wish to edit and select Default Rates.
  3. Now configure your default rate using the following settings:
Setting Notes

Default rate title

To rename your default rate, click on the text bar and replace Default Rate with the name of your choice.

Currency

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.

💡 Note: The currency in which guests see prices corresponds to their location. If you want all guests to see prices in a specific currency regardless of their location, please contact us at help@lodgify.com.

Price per night & min stay

Enter the nightly rate of your rental. 

💡 Note: This is a required field, even if you also configure a price per weekday. 

If you wish to set a minimum stay, enter the minimum number of nights a booking must meet. 

💡 Note: If you have multiple rental types, you can enter a minimum stay per rental type.

Length-of-stay prices

 

If you wish to offer a weekly and/or monthly rate, switch the button on and enter the rate per week and/or month.

If you wish to offer a rate for a custom period, tick the box and enter the number of nights for which this rate will apply. Enter the rate for this period. (Not recommended)

Price per weekday

If you wish to charge a different nightly rate depending on the day of the week, switch the button on and enter the rate for each weekday.

Minimum stay per weekday

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.

Occupancy

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, switch the button onEnter the extra charge per guest per night and after how many guests the charge will apply.

Example: If your nightly rate is €80, and you configure an extra charge of €20 after the 4th guest, a reservation for 1-4 guests will cost €80. A reservation for 5 guests will cost €100 whilst a reservation for 6 guests will cost €120.

Short stay price

 

If you wish to apply an extra charge when the stay is too short, switch the button on. 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.

Check-in/check-out restrictions

To restrict check-in and check-out to certain weekdays only, switch the button on and tick the days when check-in and check-out are allowed.

Rates info

If you wish to add further information in the rates section of the rental on your website, switch the toggle on. Use the Rates Notes text box to add further information.

💡 Note: Rates Notes is an optional field and will only show on your website if you add text.

  💡 Note: Make sure to select Save after configuring or editing the settings of the default rate.

VAT/Sales Tax display

Choose whether to display the prices on your website including or excluding the VAT/Sales Tax.

  1. Go to your Main Menu in the top left corner and select Settings.
  2. Click on Sales Tax / VAT, and choose to display your pricing Gross or Net, then click Save.

Screenshot

How the costs are displayed in the checkout

Gross display Net display

Only the total including the sales tax is shown:

 

Screenshot 2023-12-12 at 16.01.13.png

The total cost is shown once inclusive and once exclusive Sales Tax:

 

Screenshot 2023-12-12 at 16.02.12.png

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