We have the ability to sync prices across listings, regardless of where the change was made. Learn how to activate price sync here.
How often does it sync?
Every 9 hours, relative to the last time price sync was run for a particular property, we will check the prices on the booking platforms.
When we detect a change in price that has happened directly on the platform itself, then we will proceed to push that change to other listings under the property.
Whenever we detect properties and their listings are merged or unmerged, the prices will immediately be synced based on the base price of the resulting property linked to each involved listing.
What happens when sync is first enabled?
When price sync is first enabled, we'll look at each of the prices on your booking channels for a property. For a given day, we'll collect the last updated price across your channels and use that amount to set the base rate on Hospitable.com. The base rate is calculated by taking the rate from that channel and subtracting any channel or listing markup. From that base rate, we'll push an update to your other connected platforms, adding the channel or listing markup.
Base price vs markups
The price shown on our calendar is the base price, while the price reflected on the booking channels is the final (marked up) price.
When you enter a new price directly on the booking channel, we subtract the markup from that value, and the resulting amount is what will be reflected in our calendar.
When you enter a new price from our calendar, we will apply the markup and send the final price to the booking channels.
How do we detect price updates?
Due to the difference in price formats on each platform, we will only detect changes when the price has changed, on the platform, by more or less than 1 whole currency denomination, e.g 1 whole dollar.
If we detect changes on more than one platform during a sync, the final price shown on our calendar will be based on the priority platform, which is currently:
Airbnb > VRBO
If there are multiple listings from the same platform under one property, then the older listing has priority.