Room Price Drop Promo
Room Price Drop Promo feature is an excellent way to give your properties a bit of a push when facing seasonal challenges in booking. Instead of dropping the room price permanently, the host can choose to run a ‘promo’ on the room and after the promo period ends, the room will automatically set back to its original price.
Tutorial: See Here
How it works:
Log-in to your host dashboard and go to ‘Manage’>Rooms. Scroll to review the status and price of your rooms online. Click on ‘Price Details.
Go to the ‘Promotion’ section on ‘Listing Price’. Click on ‘Add a Promo’
Select a promotion (Any number between 1% to 30%) and duration (min 6 weeks to max 12 weeks). Click ‘Save Promotions’
The following tags will appear on your Property Card on the search page depending on the amount of promotion and duration you selected.
6 weeks | 7 weeks | 8 weeks | 9 weeks | 10 weeks | 11 weeks | 12 weeks | |
1-9% | Price Drop | Price Drop | Price Drop | Price Drop | Good Deal | Good Deal | Good Deal |
10-19% | Good Deal | Good Deal | Good Deal | Good Deal | Awesome Deal | Awesome Deal | Awesome Deal |
20-30% | Awesome Deal | Awesome Deal | Awesome Deal | Awesome Deal | Awesome Deal | Awesome Deal | Awesome Deal |
The promo will start on the day that the member moves in and automatically adjust to the original price after your selected duration.
A host can turn off a promo at any time as long as the room hasn’t been booked and is vacant.
A host cannot turn off a promo if the promo is running.
If a host increases the price of a room while the promo is running for the member, the room price change does not go into effect until 90 days after the promo period ends and the room has been set back to the original price
Important to note:
The 8% Service Fee, and 10 day Booking Fee, are applied to the base price of the room before any promotions are applied. See Earnings Payout FAQs for more information.