When set PropertyMarketIntel will never price a night below your minimum price or above your maximum price.
Contents
Minimum Price
Minimum price default
Day of the week rules
Monthly rules
Time-based rules
Specify by month
Day of week
Date Specific
Maximum Price
Minimum price default
Day of the week rules
Monthly rules
Time-based rules
Specify by month
Day of week
Date Specific
Minimum Price
How to set a minimum price
Setting a good minimum price ensures that you can maximize revenue from your listing by capturing bookings during periods of low demand, or last-minute bookings.
From the Settings page of your listing, select Minimum Price on the left panel.
Enter the minimum price you want to set for your listing. You can set different minimum prices depending on the Day of Week, After/Within a specific number of days and/or on Specific Date and Date range.
Note: The hierarchy for the various minimum price rules from highest to lowest priority:
Date-specific has the highest priority and will override all other minimum price rules.
Time-based will override Monthly Rules, Day of week and Minimum price default.
Monthly Rules will override Day of week and Minimum price default.
Day of week will override Minimum price default.
Click Save Change button on the top right of the page.
Minimum price default
Default requirement for any minimum price not specified in other minimum price rules.
Day of week rules
Custom minimum price requirement for each day of the week.
Monthly rules
This feature will allow you to set Day of Week Minimum Price for certain month/s. This will override the generic Day of week minimum price that you set for your listing. For example, if you want a higher minimum price for November, December and January depending on the check-in date.
Time-based rules
Create rules to automatically adjust the minimum price for stay dates within and beyond a specific number of days from the booking date. (e.g. $300 for last-min bookings within 5 days. $400 for stay dates more than 6 days away):
Specify by Month
This feature will allow you to set Time-based Minimum Price for certain month/s. For example, if you want the Time-based minimum price to be applicable for January only:
Click the Specify by Month:
Select the specific month/s where the time-based minimum price will be applied:
Day of Week
This feature will allow you to set Time-based Minimum Price for certain day/s of the week.
Click the Specify by day of week.
Enter the minimum price of each day of the week.
Date Specific rules
Create custom minimum price for specific date ranges, such as holidays or events.
Click Add New Rule:
Select the date range and enter in the minimum price. If you want to Date-Specific Minimum Price to be recurring rule, you can check the Make Yearly box.
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Maximum Price
How to set a maximum price
Setting a good maximum price ensures that your listings will not be overlooked because of a high price.
From the Settings page of your listing, select Maximum Price on the left panel.
Enter in the Maximum price you want to set for your listing. You can set different maximum price on depending on the Day of Week, After/Within a specific number of days and/or on Specific Date and Date range.
Note: The hierarchy for the various maximum price rules from highest to lowest priority:
Date-specific has the highest priority and will override all other maximum price rules.
Time-based will override Monthly Rules, Day of week and Maximum price default.
Monthly Rules will override Day of week and Maximum price default.
Day of week will override Maximum price default.
Click Save Change button on the lower left of the page.
Maximum price default
Default requirement for any maximum price not specified in other maximum price rules.
Day of week rules
Custom maximum price requirement for each day of the week
Monthly rules
This feature will allow you to set Day of Week Maximum Price for certain month/s. This will override the generic Day of week maximum price that you set for your listing. For example, if you want higher maximum price for November, December and January depending on the check-in date.
Time-based rules
Create rules to automatically adjust the maximum price for stay dates within and beyond a specific number of days from the booking date. (e.g. $300 for last-min bookings within 5 days. $400 for stay dates more than 6 days away):
Specify by month
Click the Specify by Month:
Select the specific month/s where the time-based maximum price will be applied:
Day of Week
This feature will allow you to set Time-based Maximum Price for certain day/s of the week.
Click the Specify by day of week.
Enter the maximum price of each day of the week.
Date specific rules
Create custom maximum price for specific date ranges, such as holidays or events.
Click Add New Rule:
Select the date range and enter in the maximum price. If you want to Date-Specific Maximum Price to be recurring rule, you can check the Make Yearly box.
Always click Save button on the lower left of the page.