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 will walk you through the process of updating your pricing and setting up different rates for various seasons throughout the year.
Understanding Pricing on Holidu
Your pricing strategy determines how much guests pay to book your property. Holidu allows you to set different nightly rates based on seasons, demand, and special occasions. When you update your pricing, these changes apply to your property listing across all connected booking platforms through Holidu.
Please note that Holidu uses the currency associated with your property's location. You cannot manually select or change the currency type—it is automatically set based on your property's country and region.
Accessing Your Pricing Settings
To begin updating your pricing and seasons, follow these steps:
- Log in to your Holidu host account
- Navigate to your property management dashboard
- Select the property you wish to update
- Look for the "Pricing" or "Rates" section in your property settings menu
- Click to access your pricing management tools
Setting Your Base Price
Your base price is the standard nightly rate for your property when no seasonal adjustments apply. This is your starting point for all pricing configurations.
To set your base price:
- Locate the "Base Price" or "Nightly Rate" field
- Enter your desired nightly rate in the currency assigned to your property
- Review the amount to ensure accuracy
- Save your changes
Your base price serves as the default rate and is used when no specific seasonal pricing is active.
Creating and Managing Seasons
Seasons allow you to adjust your pricing for different periods throughout the year. You might charge higher rates during peak travel seasons and lower rates during off-season periods.
How to Add a New Season
- In your pricing settings, select "Add Season" or "Create New Season"
- Enter a descriptive name for the season (for example, "Summer Peak," "Winter Holiday," or "Spring Break")
- Set the start date for this season
- Set the end date for this season
- Enter the nightly rate you want to charge during this period
- Save the season
Editing an Existing Season
If you need to modify a season you've already created:
- Locate the season in your pricing settings
- Click the edit or pencil icon next to the season
- Update the dates, price, or name as needed
- Save your changes
Deleting a Season
To remove a season:
- Find the season in your pricing settings
- Click the delete or trash icon
- Confirm the deletion
Once deleted, pricing will revert to your base price for those dates.
Seasonal Pricing Strategies
Consider these common seasonal pricing approaches:
- Peak Season (High Demand): Set premium rates during holidays, summer months, or special events when demand is highest
- Shoulder Season (Moderate Demand): Use moderate pricing during spring and fall when demand is steady but not at peak levels
- Off-Season (Low Demand): Reduce rates during slower months to attract more bookings and maintain occupancy
- Last-Minute Deals: Create short-term seasons with reduced pricing to fill gaps in your calendar
- Special Events: Increase rates during local festivals, conferences, or major holidays in your area
Understanding Additional Fees
Beyond your nightly rate, you may be able to configure:
- Cleaning fees
- Service fees
- Security deposit requirements
- Minimum stay requirements
Check your property settings to see which additional fees and requirements you can customize for your specific property.
Saving and Publishing Your Changes
After updating your pricing and seasons:
- Review all changes to ensure they are correct
- Click "Save" or "Update Pricing"
- Your changes are now live on your Holidu listing
- Updates may take a few moments to synchronize across all connected platforms
Important Reminders About Pricing
- Your currency is automatically determined by your property's location and cannot be manually changed
- Pricing changes apply immediately to your Holidu listing
- Existing confirmed bookings are not affected by pricing updates
- Plan your seasons in advance for better revenue management
- Monitor your rates against competitor properties in your area
- Test different pricing strategies and track which perform best
Common Pricing Questions
When do pricing changes take effect?
Pricing changes take effect immediately after you save them. However, it may take a few minutes for updates to synchronize across all platforms connected through Holidu. New guests searching for your property will see the updated rates right away.
What happens if seasons overlap?
If you accidentally create overlapping seasons, the most recently created season will take precedence. It's important to ensure your season dates do not overlap to avoid confusion about which rate applies.
Can I set different minimum stay requirements with pricing?
Some property settings allow you to set minimum stay requirements. Check your property management settings to see if this feature is available for your listing. Minimum stays can help manage turnover costs during peak seasons.
Why can't I change my currency?
Currency is automatically assigned based on your property's location and the country where it operates. This ensures compliance with local regulations and payment processing requirements. If you need to change your property's currency, you would need to modify the property's location settings, which may have other implications.
Next Steps
Once you've configured your pricing and seasons, monitor your bookings regularly. Track which seasons and price points generate the most interest and adjust your strategy accordingly. For detailed visuals on navigating your dashboard or to explore other property management features, visit your Holidu host account settings.
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