Creating Rate Plans
A rate plan defines the pricing rules for your listings. Once created and assigned, it automatically calculates booking prices so you do not have to enter amounts manually for each reservation.
How to create a new rate plan
- Go to Rates in the sidebar.
- Click the "New Rate Plan" button.
- Fill in the rate plan details (see below).
- Click Save.
Rate plan settings
Basic information
- Name -- Give the rate plan a descriptive name (e.g., "Beach House Standard", "City Apartment Weekly"). This name is for your reference only; guests do not see it.
- Base price per night -- The default nightly rate. This is the starting point for all price calculations. Seasonal pricing and discounts are applied on top of this.
Assign to listings
- Select one or more listings that should use this rate plan.
- A listing can only have one active rate plan at a time.
- If multiple listings share the same pricing, you can assign the same rate plan to all of them.
TIP
If you have properties with different pricing, create separate rate plans for each. For example, one for your beachfront apartments and another for your city studio.
Stay rules
- Minimum stay -- The shortest booking allowed (in nights). For example, set to 2 if you do not accept single-night stays.
- Maximum stay -- The longest booking allowed (in nights). Leave blank for no limit.
Booking window
- Booking window -- How far in advance guests can book. For example, setting this to 365 days means guests can book up to one year ahead. This helps you control how far into the future your availability is open.
After creating a rate plan
Once your rate plan is saved, you can enhance it with additional pricing rules:
- Add seasonal pricing -- Set different rates for specific date ranges.
- Configure weekend pricing -- Charge more for Friday and Saturday nights.
- Set up discounts -- Offer reduced rates for longer stays or last-minute bookings.
- Choose a cancellation policy -- Define refund rules.
- Add taxes -- Attach tax sets to the rate plan.
WARNING
A listing without an assigned rate plan will not have automatic price calculation. Make sure every listing has a rate plan before creating bookings.
Editing a rate plan
- Go to Rates in the sidebar.
- Click on the rate plan you want to edit.
- Make your changes and click Save.
Changes to a rate plan affect future bookings only. Existing bookings keep the prices they were created with.