Spot Rate Rules

OwnerRezSep 7, 20231m 48s456 viewsScore 75
Pricing & Profitability
intermediate
spot rates
custom pricing
OwnerRez
date-specific rules
rate management
M

Summary

AI-generated

This video explains how to use spot rates in OwnerRez to set specific pricing and rules for individual dates, overriding seasonal or property-wide settings. Hosts will learn to create, view, and modify these custom rates and rules directly on the calendar.

Key insights

  • Changes made to rules for a specific date using spot rates apply only to that particular date and do not affect other dates or the general seasonal/property rules.

Mistakes to avoid

  • Failing to use spot rates for specific dates can lead to suboptimal pricing during high-demand periods or missed opportunities to adjust rules for unique events, potentially impacting revenue.

Tools & resources

  • OwnerRezplatform

    OwnerRez is a property management software that allows hosts to set custom rates and rules for specific dates.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial