When offering multiple discounts on Airbnb, such as last-minute and monthly stay discounts, it's important to understand how they interact to ensure only one applies per booking. Here's a step-by-step guide based on Airbnb's policies:
Understand Airbnb's Discount Prioritization: Airbnb applies discounts in a specific order when multiple are available for the same period. The hierarchy is:
New listing promotion
Custom promotion
Length-of-stay discount (e.g., weekly or monthly)
Early-bird discount
Last-minute discount
The highest-priority discount will override others.
Determine Which Discount Applies:
If a guest books a month-long stay at the last minute, the length-of-stay discount (monthly discount) takes precedence over the last-minute discount due to its higher priority in Airbnb's hierarchy.
Only the monthly discount will be applied to the reservation in this scenario.
Set Up Your Discounts Appropriately:
Monthly Discount: Encourages longer stays (28 nights or more) by offering a percentage off the nightly rate.
Last-Minute Discount: Attracts bookings close to the check-in date by reducing the price for those dates.
Ensure these discounts are configured in your listing's pricing settings.
Monitor and Adjust Your Pricing Strategy:
Regularly review your pricing and discount settings to align with your hosting goals.
Be aware that while only one discount applies per stay, offering various discounts can appeal to different booking behaviors.
By understanding and utilizing Airbnb's discount prioritization, you can effectively manage your pricing strategy to attract guests while ensuring that only one discount applies per booking.