Hosthub's Rate Management allows you to sync your rates with some of the most important channels of the STR landscape such as Airbnb, Booking.com, Vrbo and Expedia (WordPress sites can be supported too, but for specific plugins only).
In addition to this, Hosthub's system also offers capabilities to set rate plans and manage exceptions, ensuring maximum flexibility and optimized earnings for property managers.
How To Set Your Default Rates for Rental/s
Setting up default rates for your rental/s is the first and most important part to start synchronizing your rates centrally to all compatible platforms.
Here are the steps you need to take in order to set up your default rates for rental/s:
Step 1: Set your base rates amd settings
Enter your base Weekday and Weekend rate.
Enter an extra fee per person more than _ (if you have one)
Enter your Minimum and Maximum Length of stay.
Step 2: Review Your Rates
Click 'Preview Updates' button.
Review the changes you see in the Preview page
Step 3: Publish your rates and sync them across compatible channels.
Once you have reviewed the preview page and confirmed that these changes should be sent to the channels, please click the 'Publish Rates' button.
The changes will be sent to the channels only after you hit ''Publish rates'' and only if the connections with the compatible channels are already activated.
Understanding Rate Plans
Hosthub's rental pricing system is designed to help you optimize earnings by allowing flexible adjustments to rates and policies. In Hosthub, a 'Rate Plan Available' refers to the default rate plans you've set for your property. These rates determine your property's availability for booking. If no rates are set, it will be marked as 'Not available,' and bookings cannot proceed.
Hosthub allows users to override default rate plans for specific dates or periods through the 'Exceptions' section. This feature is particularly useful for high or low seasons by enabling unique pricing strategies.
When adjustments are made in the 'Exceptions' section, they appear as updated rates on platforms like Airbnb or Booking.com without being flagged as discounts. This approach ensures transparent pricing while maintaining customer clarity.
Managing and Reverting Exceptions
To review or revert exceptions, navigate to your rate management calendar. Here, all exceptions are listed and can be adjusted or removed as needed. You can also see a full list of your exceptions by pressing the View all exceptions link below the calendar.