Vacation Rental setup- How to set your rental's default rate

LodgifyJun 30, 20202m 12s1.3K viewsScore 65
Pricing & Profitability
beginner
default rates
pricing strategy
Lodgify
booking engine
revenue management
M

Summary

AI-generated

This video explains how to set up default pricing strategies for your short-term rental using Lodgify. Hosts will learn to configure base rates, weekday variations, discounts for longer stays, minimum stay requirements, and additional guest charges.

Key insights

  • Setting a minimum stay of two nights or more can help reduce turnover and cleaning costs, while also potentially increasing revenue per booking.

Tools & resources

  • Lodgify Channel Managertool

    Lodgify offers a channel manager with features to help manage bookings and pricing.

Frequently Asked Questions

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