I would like to clearly understand the way the pricing per night functions.
I have set prices per week, per month and have also included a base price per night/day.
The problem is, the base price that I've mentioned, that I thought was only an indicative price, is captured when interested potential clients sends us their bookings which is less than 7 days. Which means that, since my base price was an average, I now see that clients who booked during the peak season, July/Aug got very reduced quotations for bookings less than 7 days and this is wrong.
Here's an example:
My weekly rate in July is EUR500, if you devide this by 7, the per night rate is EUR71. Therefore if someone books for 6 nights, the rate should be 71x6 = 426. However with the base price we had put at EUR55, the total for 6 nights generated a very low price of 55x6 = 330, and this is wrong!
Therefore here's my question:
How can we adapt the base price to correspond to the period the client is actually making the booking for? If someone is booking for February (low season for us) and another for August (high season), then can the base price be adapted accordingly?
Our logic is, a booking for a week (7 days) would be a bit cheaper than someone booking for 6 nights during the same period. Therefore we have adapted a daily rate depending on the period the booking is made. In Holiday Lettings this options is made available and is perfect and functions well.
If the same example above is taken, my weekly rate in Jul of EUR500, is EUR71 per day, but we have set it to EUR75 per day for anyone booking for less than 7 days.
Can you please help to address these concerns as it is anoying to realize that we have no control over our requirements which are basic in my view!
Best,
Michael
