[2-4] Setting Price & Discounts

52 May 14, 2020

Overview

Manage Online Travel Agencies (OTA) rates and rules directly from Airhost Property Management System (PMS). Pricing and automatic discounts can all be managed centrally. Easily create discount templates for different seasons. Make changes or apply rates to multiple properties at once. Automatically adjust the sales price percentage and synchronize with each OTA. With Airhost, your availability and rates are always in sync.

This article covers the following topics:

Setting up a Rate Plan
Applying a Rate Plan
Syncing your Price to your Channels
Setting up Discount
Applying Discount

Note: Prices and discounts will be synced to Channels at around 04:00 hours (Tokyo Time) daily.

Getting Started

Set Rate Plan

Easily create pricing templates tailored to the peak and off-peak seasons of each region! Save time and avoid errors when creating your new properties, or when changing local seasonal charges, by applying custom templates to multiple properties at once.

1. Go to House Detail menu of the property either from Dashboard > Settings.

Click property's settings from dashboard.

Or Listing Management > Property List (Pro) > Nickname, or select Edit from menu dropdown.

Click on property's nickname or select edit. — Click the property’s **Nickname**, or select **Edit**.

2. Click Calendar & Pricing* > Select Rate Plans & Rules tab.
(*For hotel type property, it will be Room Pricing.)

3. Click on Standard Rate to edit, or New Rate Plan if you wish to add another Rate Plan.

Click on rate plan name or add new rate plan.

4. Click the Edit icon to edit an existing Rate Plan.

5. After editing your Rate Plan, click Save.

Apply Rate Plan

1. From House Detail menu > Click Calendar & Pricing* > Select Rate Plans & Rules tab > Click Price & Availability tab.
(*For hotel type property, it will be Room Pricing.)

2. Click a date in the calendar > Select a Rate Plan from the dropdown menu in the popup window > Click Add.

3. Specify the From and To dates > click Save. You can enter a note under Memo.

4. Set a different rate for a specific period by toggling the Default Price switch to No > Enter another rate > Click Save to apply the edited rate.

5. Standard Rates are shown in Black on the calendar. Edited rates are shown in Green along with the Memo, Date of the last edit, and Username of the User who made the edit.

6. To change edited rates back to Standard Rate, toggle the Default Price switch back to Yes for the dates you wish to revert > Click Save.

Sync Price to Channels

1. From House Detail menu > go to Channels* > Select the Channel to apply the pricing > Click Edit.
(*For hotel type property, it will be Room Channels.)

2. To sync price, both the Enabled and Sync Price needs to be switched on.

3. Set a discount or markup for each Channel by changing the Percentage.

4. For Channels with multiple rate plans, assign a Rate Plan to each of the rate plans you have on the Channel.

5. Click Save to update your price settings for the Channel.

6. Repeat step 1-5 for each Channel that you wish to sync the pricing with.

7. For Channels that allows immediate syncing, click the Sync button to update settings immediately. Otherwise, settings are synced to Channels at around 04:00 hours (Tokyo Time) daily.

Note: Price will not sync to Airbnb until PMS sync is approved for the listing in Airbnb.

Set Discount

Set auto discount percentage according to weekly, bi-monthly or monthly occupancy rate, and automatically apply daily discount rate according to the reservation status.

1. Go to Discount Settings.

2. You can set up discounts for:

Last minute discount, less than one week.
1 to 2 weeks discount.
15 to 45 days discount.

3. The following can be configured:

4. Changes are automatically saved.

Apply Discount

1. Go to property’s House Detail menu > Calendar & Pricing* page > Click Price & Availability tab.
(*For hotel type property, it will be Room Pricing)

2. Switch on Auto Discount at the bottom of the page > Click Save.

3. Go to property’s House Detail menu > Channels* page > Select the Channel to apply the discount > Click Edit.
(*For hotel type property, it will be Room Channels)

4. Switch on Sync Discounted Price > Click Save.

5. Repeat for each Channel that you wish to apply the discount to.

You have successfully set up pricing and discounts for your property.