Common questions about activating, troubleshooting, and optimizing Dynamic Pricing, including activation issues and plan requirements.

Our Dynamic Pricing is built in partnership with industry-leading experts. The underlying engine analyzes billions of data points daily, including local demand, seasonality, and comparable listings, to recommend the right price for each night. On top of that, we've built our own enhancements like auto-tuning, which continuously refines recommendations based on your property's unique booking patterns.

To generate recommended nightly rates, Hospitable's Dynamic Pricing takes the following into account:

If you've used other dynamic pricing software, you may be familiar with the concept of selecting similar short-term rental properties in your market to benchmark your pricing strategy. With Hospitable's Dynamic Pricing, we do this for you in the background. We look at dozens of attributes of your property, including your historical reservations and review scores, to arrive at a pricing strategy tuned for your market.

As soon as you enable Hospitable dynamic pricing, we will immediately push the current recommended prices to your channels. Prices are then automatically updated every 24 hours based on the latest market conditions. If you make any changes to your setup or pricing in Hospitable, the updates are pushed to your channels immediately.

Ideally, dynamic pricing means your calendar can run on autopilot over the life cycle of your booking window.

For your dates in the far future, we start by adding a premium that gradually goes away at six months out. For the far future dates, it's generally more difficult to get good signal from market and local event data, so we are also anchoring more heavily on your historical bookings. Within six months, most properties will be in their primary booking window, and prices become more reactive to market demand. At one month out, any dates that are still available will receive a gradually increasing discount to help fill your calendar.

Alternatively, you can set your prices higher or lower for dates further out using Far Future Pricing. This allows you to raise future prices to secure premium stays, or lower them to attract bookings.

To do this, go to your calendar, click on Dynamic Pricing, then open Far Future Pricing from the main settings screen.

Choose the lead time (at least 60 days) and the percentage you'd like to increase or decrease your rates. You can do this for up to three different checkpoints (for example, 60 days, 120 days, and 180 days).

If you wish to return to the model recommendations at any point, click Reset to default at the bottom.

Yes, you can still use discounts and promotions on the booking platform. However, it's important to note that these are not taken into consideration when formulating a price. This means that discounts and promotions can make your property's nightly rate less than your set minimum price.

Any markup rates you have set in Hospitable will be applied on top of the recommended price.

Yes. You can always manually change your price on the Hospitable calendar to override Dynamic Pricing. Any manually set prices are underlined on the calendar so you can tell them apart from dynamic prices. The source will also show manual edit.

If you have a large percentage of manually set prices, it will limit the impact of Dynamic Price since your manual changes prices will take priority. When you initially set up Dynamic Pricing, we'll calculate how many of your available nights already have a manually set price. In the setup flow, you'll have the option to keep or replace all existing manual edits.

After the initial setup, you can add and remove manual edits at any time by selecting Use dynamic pricing from the right sidebar when a date(s) is selected. If you remove a manually set price, we will replace it with the current recommended price.

Note that if you ever disable Hospitable's Dynamic Pricing, we'll revert all of your prices to what they were before you started, including any manual changes you may have cleared as part of Dynamic Pricing.

Any manual price edits prevent Hospitable from setting dynamic prices. If you chose to keep manual edits while setting up Dynamic Pricing, those dates will keep the static price you set. To remove a manual price, select the date(s) on the calendar and click Use dynamic price in the right sidebar under the price.

If you notice a decrease in bookings after activating Dynamic Pricing, consider these potential causes:

Unusual pricing can typically be explained by examining the individual adjustments:

You'll want to look at all adjustments to determine why pricing is the way it is.

This is expected behavior. Your base price is a reference point, not a floor. Dynamic Pricing will go below your base price when demand, lead time, or seasonality suggest a lower rate will fill the night.

If you want a hard floor that Dynamic Pricing won't go below:

1. Open the Property Calendar for the property.

2. In the right sidebar, click Dynamic Pricing.

3. Set your Minimum price. Dynamic Pricing will not push rates below this value for any date.

A few things to know:

Yes, you can adjust your base price at any time. We recommend hosts choose from our data-driven base prices: recommended, conservative (-10%), or aggressive (+10%). Using a data-driven base rate means your median price automatically adjusts to changes in your property and its performance.

You can also enable/disable a custom base rate. While our suggested base price works well for most properties and circumstances, setting a custom base price might be better in some situations:

As the property owner or manager, you often have intuitive knowledge about where your property stands in the local market. A custom base price gives you control over your pricing foundation while still benefiting from all the automatic adjustments for demand, seasonality, and other market factors.

Monitor your booking performance after setting a custom base price and be prepared to adjust if needed. As your property builds more booking history, you may be able to return to a data-driven base price instead.

New prices related to changes to your Base Rate will be generated within a few minutes.

No. Our pricing engine understands how your market prices weekends and we adjust automatically.

Yes. Open your calendar and click Dynamic Pricing:

In each one you can set any percentage (positive or negative), or choose one of the existing options:

Yes, you can fine-tune your strategy for lead times of less than 60 days using Last Minute Pricing.

To do this, go to your calendar, click on Dynamic Pricing, then open Last Minute Pricing from the main settings screen.

Choose the lead time and the percentage you'd like to increase or decrease your rates across up to five different checkpoints. If you ever want to return to the model recommendations, click Reset to default at the bottom.

With Advanced Settings, you can allow Hospitable to dynamically and automatically update your minimum length of stay to fill gaps between bookings and lower the minimum stay setting as dates get closer. As with pricing, you can still customize this to ensure that only bookings at approved lengths are allowed.

To set this up, click on Advanced Settings and then select Minimum Night Stay:

Yes, you can fine-tune your prices for future dates using Far Future Pricing. Raise future prices to secure premium stays, or lower them to attract bookings.

To do this, go to your calendar, click on Dynamic Pricing, then open Far Future Pricing from the main settings screen.

Choose the lead time (>60 days) and the percentage you'd like to increase or decrease your rates across up to three different checkpoints. If you ever want to return to the model recommendations, click Reset to default at the bottom.

From the main Dynamic Pricing screen (each row opens its detail panel, one tap deeper than before, no longer buried under Advanced):

Under Advanced settings:

To remove any added adjustment, click the trash-can icon on its row. To exit the Advanced settings menu, press Go back.

Yes, you decide which properties you want to use with our Dynamic Pricing. You can even use another pricing tool (like PriceLabs) for your other properties, if you wish.

This is expected since Dynamic Pricing is meant to adjust your pricing! The only exception is for any dates with manually set prices.

While you're going through the initial setup flow, we'll ask whether you would like Dynamic Pricing to override any of your existing manual prices. If you chose that option, but want to restore those edits, you can always disable dynamic pricing and we will return your prices to exactly as they were before.

You can turn on Hospitable's Dynamic Pricing without needing to disconnect your existing pricing integration. This makes it easy to try. If you decide it's not a good fit, disable Hospitable Dynamic Pricing and we'll revert to the prices of any other pricing integration you have. If you decide you're comfortable with Hospitable Dynamic Pricing, you'll eventually want to remove or disable the property from your third-party pricing tool to avoid being charged.

You can disconnect your current pricing tool by going to Apps > Connected apps > Remove access. If you disconnect, you should also cancel your subscription with the pricing tool.

Hospitable's Dynamic Pricing operates on a per-property basis, which means that users need to disable the feature individually for each property. There is no master switch to turn off Dynamic Pricing for all properties simultaneously.

To disable Dynamic Pricing, follow these steps:

If you're on a plan or setup where Dynamic Pricing has an add-on fee, the charge will be included on your next invoice as long as it was enabled at some point during the billing cycle.

When you disable Dynamic Pricing, your calendar will revert to the prices that were set before enabling the feature. This includes restoring any manual pricing that was in place prior to activation.

If unexpected nightly rates continue to appear on connected booking platforms like Airbnb or Vrbo after disabling Dynamic Pricing, you can resolve this by navigating to the Property Calendar, manually editing the rates for the affected dates, and ensuring the updates are pushed to the platforms.

Disabling Dynamic Pricing stops pushing new rates and minimum-stay updates, but it does not clear discounts that already exist on your Airbnb listing. If you're seeing bookings come in below what you expect, check your Airbnb listing directly and edit or remove any discount that shouldn't be active.

Additional troubleshooting steps here.

Hospitable's Dynamic Pricing is included for all active properties on the Host, Professional, and Mogul plans at no additional cost.

It works like this: Dynamic Pricing is included for all billed, active properties, up to the number of active properties included in your plan. An active property is one with at least one check-in during the billing cycle.

An add-on fee applies only if both of the following are true:

If the property had at least one check-in, it is billed at the standard add-on rate. Dynamic Pricing is included.

If the property had no check-ins, it is billed a reduced add-on fee of $10 USD per month per property (or the local currency equivalent, such as €10 EUR).

Essentials plan hosts: You'll have a free trial (for your first 3 bookings, up to 30 days), then Dynamic pricing is $15 per month, per property. The 30 days are calculated from the date of your first activated property. The first three bookings are counted for all accepted reservations on the account that were booked on a property with Dynamic Pricing enabled.

While you can preview pricing recommendations, you cannot fully activate Dynamic Pricing. You will need to upgrade to a current subscription tier in order to enable and use Dynamic Pricing.

After upgrading, Dynamic Pricing can be enabled from the calendar interface.

Both minimum and maximum rates are optional fields that will constrain your prices (discounts, promotions, and markups, however, are applied on top of your dynamic price and may result in your prices dropping below your minimum or increasing above your maximum). You may choose to leave these fields empty.

There are several reasons Dynamic Pricing may not activate. Check eligibility first, then common issues below.

To activate Dynamic Pricing, Hospitable requires a subscription. If you're a trialing user, you'll need to select a plan and complete checkout to activate it. Subscribing to any plan, monthly or annual, ends your trial immediately and starts your paid subscription right away, and you're charged for that first period as soon as you subscribe. If you'd rather keep exploring on the trial a bit longer before activating Dynamic Pricing, your trial continues normally until you choose to subscribe.

You can find all of our Dynamic Pricing help articles here.

Still need help? Reach out to our support team.