How can I update my pricing & seasons?

Managing your property's pricing and seasonal rates is essential for maximizing your rental income on Holidu. This guide walks you through the process of updating your pricing and setting up seasonal variations for your listings.

Understanding pricing on Holidu

Your property's pricing structure determines how much guests pay per night. Holidu allows you to set base prices and adjust them according to different seasons, day lengths, or special events. Please note that you cannot choose your currency when setting prices—your currency is determined by your property's location.

How to access your pricing settings

To update your pricing and seasons, follow these steps:

1. Log in to your Holidu host account
2. Navigate to your property dashboard
3. Select the property you wish to edit
4. Look for the "Pricing" or "Price & Seasons" section in your property management menu
5. Click to open the pricing management interface

Setting your base price

Your base price is the standard nightly rate for your property. To set this:

1. Enter your desired nightly rate in the base price field
2. Review the currency displayed (this is automatically set based on your property location)
3. Confirm your entry and save the changes

Your base price serves as the default rate for all dates unless you create seasonal adjustments.

Creating seasonal pricing

Seasonal pricing allows you to charge different rates during peak travel times, holidays, or slower periods. This helps you optimize revenue throughout the year.

Steps to add a new season:

1. Click the "Add Season" or "Create New Season" button in your pricing section
2. Enter the season name (for example, "Summer Peak," "Winter Holiday," or "Off-Season")
3. Select the start date for this seasonal period
4. Select the end date for this seasonal period
5. Enter the nightly rate for this season
6. Click save to confirm the seasonal pricing

Best practices for seasonal pricing:

• Analyze local tourism patterns and holidays in your area
• Consider school holidays and peak vacation seasons when setting higher rates
• Adjust prices downward during typically slower booking periods
• Review competitor pricing in your area for reference
• Update seasons annually to reflect market changes

Editing existing seasonal pricing

To modify a season you've already created:

1. Locate the season in your pricing management interface
2. Click the "Edit" button next to the season name
3. Update any of the following: season name, start date, end date, or nightly rate
4. Save your changes

Changes to seasonal pricing take effect immediately for future bookings.

Removing seasonal pricing

If you no longer need a particular seasonal rate:

1. Find the season you want to remove in your pricing settings
2. Click the "Delete" or "Remove" button
3. Confirm the deletion when prompted

Once deleted, your property will revert to the base price for those dates.

Setting special pricing for specific periods

Beyond standard seasons, you may want to adjust prices for specific events or dates:

• Use the calendar view to identify specific dates
• Some properties allow minimum stay requirements with adjusted pricing
• Consider local events, festivals, or conferences that may affect demand
• Plan adjustments well in advance for major holidays

Important note about currency

When setting your prices on Holidu, the currency is automatically determined by your property's location. You cannot manually select or change the currency. All pricing must be entered in the currency assigned to your property's country or region. If you need to verify or change your property's location, contact Holidu support for assistance.

Reviewing your pricing strategy

After setting up your pricing and seasons, take time to:

• Monitor booking patterns and occupancy rates
• Compare your rates with similar properties in your area
• Adjust prices based on guest feedback and market demand
• Review seasonality quarterly to stay competitive
• Test different price points to find your optimal rate

Tips for effective pricing management

• Start competitive: Research similar properties on Holidu and other platforms to set competitive rates
• Plan ahead: Update your seasons at least a few months in advance to give yourself flexibility
• Be flexible: You can adjust prices at any time for future bookings
• Consider demand: Higher prices during peak seasons can significantly increase revenue
• Monitor metrics: Keep track of your occupancy rate and adjust prices accordingly
• Test adjustments: Make small pricing changes and monitor their impact on bookings

Avoiding common pricing mistakes

Be mindful of these common errors when managing your pricing:

• Setting prices too high and losing bookings to competition
• Forgetting to update seasonal rates annually
• Not accounting for platform fees when setting your base price
• Overlooking local holidays and peak travel seasons
• Pricing inconsistently across different seasons without strategy

Still need help?

If you encounter any issues while updating your pricing and seasons on Holidu, or if you have questions about your specific property, reach out to the Holidu support team. They can provide personalized guidance to help you optimize your pricing strategy and maximize your rental income.