Pricing correctly

Answered!

Pricing correctly

Hello everyone,

I'm wondering what the best pricing technique is.

For the moment I'm having a high price when the date is far away and the closer it gets the cheaper it gets.

What do you think about this ?

Thank you 🙂
Matt

Top Answer
Lorna170
Top Contributor
Swannanoa, NC

@Matt7451   Pricing is tricky.  I want to have a full calendar well in advance, so early bookings get a discount while last minute pays a premium.  It all depends on how people visit your area -- are there more planners or more last-minute weekenders?  Who are you trying to attract?

 

If you go too cheap you will get discount seekers and bottom feeders -- generally bad guests.

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2 Replies 2
Lorna170
Top Contributor
Swannanoa, NC

@Matt7451   Pricing is tricky.  I want to have a full calendar well in advance, so early bookings get a discount while last minute pays a premium.  It all depends on how people visit your area -- are there more planners or more last-minute weekenders?  Who are you trying to attract?

 

If you go too cheap you will get discount seekers and bottom feeders -- generally bad guests.

Alex
Community Manager
Community Manager
Toronto, Canada

Hello @Matt7451!

 

Thank you for asking this question with the rest of the Community. I saw that you already got an answer from Lorna, did yiou have the time to check it? 

 

In addition to her answer, I found a link in the Help Center that shows you the best ways to set up your price:

Hope we can help you answering your question!

Best, 

Alex

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