Hi all, I am a new host, just listed my property.
The price for 1 night is 150 (all the numbers are only as an example). The discounts for week and month are 20% and 40% accordingly.
The price of 1 week it’s 840 (150 * 7 *0.8). But for 6 days (when the one-night price works) it’s 900 (150 * 6). So 6 days cost more then 7 days which doesn’t make sense.
The same story with monthly. The monthly rate (after the discount) is 2700, but 25 days are already more expensive, 3750 (150 * 25). The cost of 26, 27, 28 and 29 days is even more. So, if somebody needs 25 days, she/he will book the whole month to pay less, and the apartment will be empty for a few days.
What do you do in that situation? My idea is to charge for 6 day the same amount as for week, and for 25-29 days the same amount as for month. Are there other solutions?