I’m using dynamic pricing and am looking for a recommendation on what to put for the price per night on my listing page when it varies day-to-day. My price can range by $100 depending on the season.
I would imagine that most guests are plugging in their travel dates and getting the total for their trip, so I wonder if price per night on my listings page matters so much.
What do others do?
With smart pricing I set the minimum at our standard base rate (133) and the maximum at 303. There’s also a weekend price set which I think is 145. That way, smart pricing always sets the price between the minimum and the maximum although I manually adjust prices when there are special events.
This means that the daily rate shows at 133, the minimum.
@jaquo, I failed to mention that I’m using an outside site to do my dynamic pricing so will be manually setting my “per night” price on the “pricing settings” tab. I question whether I should have my “per night” price reflect my lowest minimum. An average? I will definitely change it for high and low seasons.
I think I’ve read in prior posts that Air’s smart pricing works well for you. In Seattle–or at least for my listing–it’s incredibly low.
Well, I think if it was me I’d show an average so that guests don’t get a shock when they see the final price. As I said before, Airbnb shows the minimum price so it is rather bothersome that sometimes guests get higher prices than they bargained for.
Up here in Bellingham the “smart pricing” is stupidly low, but I suspect too many people are using it, plus getting too many new hosts is driving prices WAYYYYY down.
We use Beyond Pricing and I have my ‘base’ price set to about $50 over our lowest bookable price. Our prices fluctuate from $200-1200 based on seasons and events, and when the prices are obscenely high I will no doubt get a request for the $250 price. Most people understand when I explain we are priced like hotels, blah blah. However, there have been a few that demand the $250 price, i just decline and move on.
We are using pricelabs and get price in range of 450 sek to 2000 sek.