Dynamic pricing with pricing rules

Pricing rules are flexible tools to finetune your nightly base rates, depending on the season. Pricing rules can be used to only show prices for stays longer than a minimum number of nights, or to discount the base rate for longer stays.

Pricing rules can only be applied to rates for a single night, within a specific price list. Any LOS prices set remain unaffected.

View pricing rules

Go to the 'Prices' tab of the relevant price list. Click the button 'Pricing rules'.

  • Multiple pricing rules may be used together, as long as they have the same applicability condition.

  • If multiple discount pricing rules are valid, only the one that is most advantageous for the guest will be applied

Setting a pricing rule

Click 'New pricing rule'.

  1. Set the validity dates, if the 'Valid till' date expires the pricing rule will automatically no longer be applied. This way, you can set seasonal pricing rules. Leaving the dates blank means that the pricing rule is always valid.

  2. Use the days of the week to specify when the pricing rule can be applied within the validity period. Useful if you want to only force a certain LOS on weekends, for instance.

  3. Choose the applicability condition for the stay. Note that if you want to create more than one pricing rule for this price list, the same applicability must be chosen (either 'entire stay' or 'after minimum').

    • Use 'entire stay' to apply a base rate discount to every night of the stay within the validity period. You can still set a requirement for the length of the stay this should apply to.

    • Use 'after minimum number of nights' to either trigger a discount for longer stays, which makes the nights after the set threshold cheaper, or to activate single night prices only after the set threshold, which blocks shorter LOS from being bookable.

  4. Specify the effect of the pricing rule by choosing to activate night prices, or to apply a percentage or fixed amount discount to the base rate. The rounding settings are set to the next full euro by default, but this can be edited.

Pricing rules become part of the base rates in a master price list. That means that if you use pricing rules to influence a certain LOS, this applies to all types connected to that master price list.

Pricing rules vs. advertised discounts

  • Pricing rules adapt the base rate, which means that the booker does not know that any discount has been applied. This is used for attractive dynamic pricing and yield management.

  • Any discount campaigns are meant to also show the base rate before discount, and are a marketing tool. These discounts can also be early birds or last-minutes, which pricing rules cannot take into account.