Step 5: Price and availability

LOS pricing model

Pull_ListPropertyPrices_RS/Prices/Season/LOSS

In LOS pricing, it is possible to specify fixed nightly pricing plans for different numbers of nights and (optionally) for different number of guests. It means that your prices can depend on the number of booked nights and guests staying at your property.

Here is how LOS pricing works. For example, let's say your Daily price is 200 USD. If you continue using the Daily price model and one guest decides to book your property for three nights - the total is 600 USD.

In case you use LOS pricing, you can easily set that one guest pays a different amount per night, depending on how many nights were booked. For example, 1 guest can pay 200 per night if a 3-night stay was booked - the total is 600 USD. But you can easily set that 1 guest can pay 190 USD per night if a 4-night stay was booked - the total is 760 USD.

You can do the same for the number of guests and set different prices for different cases. You can see more examples as well as how to correctly set it at LOS pricing.

Note: LOS pricing can be referred by different names in various PMS's, including: weekly pricing, monthly pricing, and more. Please, refer to the PMS-dedicated documentation in order to learn what the name for LOS pricing is in your PMS.

FSP pricing model

Pull_ListPropertyPrices_RS/FSPSeasons

FSP pricing model can be used if you are a PMS or an API user. It defines a fixed price for the whole stay, that is for an exact number of guests and nights. Note that it will not be possible to make a reservation for a period in which prices are not defined.Note that FSP pricing does not respect Standard number of guests or Maximum number of guests. Whatever is provided as the FSP records will be respected. Example 1: Your standard number of guests = 4 and you provided prices only for 1 and 2 guests.Result: The reservations with 3 and 4 guests will not be possible. Example 2: Your maximum number of guests = 4 and you provided prices only for 5 and 6 guests.Result: The reservations with 5 and 6 guests will not be possible.

Daily price model

You may also operate on the Daily price model. Calculation of daily prices is based on the values from various data fields. It allows for creating detailed prices and customizing them in a great detail.

Daily price

Pull_ListPropertyPrices_RS/Prices/Season/Price

Daily price is the standard way of setting prices. It indicates the base price per night for the Standard number of guests.

Standard number of guests

Pull_ListSpecProp_RS/Property/StandardGuests

Standard number of guests refers to the maximum number of guests included in the Daily price for whom the price does not change. If more guests than specified book a stay, the extra guests will be charged with the price set in the Extra guest price element.

Example: If the Daily price includes 3 standard guests, the price stays the same in the case when either one, two or three guests book a stay.

Extra guest price

Pull_ListPropertyPrices_RS/Prices/Season/Extra

Extra guest price is the price for guests that are not included in the Standard number of guests. In other words, if the overall number of guests exceeds the Standard number of guests, Extra guest price is applied for each guest above the specified standard.

Example: If the Daily price includes 3 standard guests and 5 guests book a stay, then Daily price is applied for 3 guests, but the 4th and 5th guest need to pay the Extra guest price.

Minimum stay

Pull_ListPropertyMinStay_RS/PropertyMinStay

Minimum stay indicates the minimum number of days a reservation can be made for. Guests will be not be able to book your property if they want to book stays shorter than minim stay. This value is mandatory to provide. The Minimum stay value is used for the availability check.

Weekend pricing

Pull_ListPropertyPrices_RS/Prices/Season/Price

Weekend pricing refers to a specific type of pricing rules that are applied on selected weekend days only. If the weekend-specific pricing is set and the reservation matches specified criteria, then the Weekend pricing will be applied instead of the Daily price.

Occupancy pricing

Pull_ListPropertyPrices_RS/Prices/Season/EGPS

In Occupancy pricing, it is possible to specify pricing plans for different numbers of Extra Guests (not included in Daily price). The difference between Extra guest price and Occupancy pricing lies in fact that with Extra guest price the same price is applied for each Extra Guest. On the other hand, in Occupancy pricing it is perfectly possible to specify different prices for different numbers of Extra Guests. Note that Occupancy pricing takes precedence over Extra guest price.

Complimentary topics

Discounts

Pull_ListPropertyDiscounts_RS/Discounts/LongStays

Pull_ListPropertyDiscounts_RS/Discounts/LastMinutes

Discounts are applied in order to deduct certain amount from the price, provided the specified requirements are met by the reservation. Currently, there are two types of discounts:

LOS discount may be applied when criteria specified for the length of stay are met. For example, LOS discount may apply only for 3-days stays. Last-minute discount on the other hand is applied if the reservation is made within the specified time before the check-in day.

Calendar

Pull_ListPropertyAvailabilityCalendar_RS

Calendar stands for the property's availability to rent. You can check here the availability of your property in the selected time frames. Once a reservation is inserted in Rentals United, the availability in the calendar gets blocked for this period. The calendar is updated automatically every time the availability of the property changes or at predefined times to remain up-to-date.

Preparation Time Before Arrival

Pull_ListSpecProp_RS/Property/PreparationTimeBeforeArrivalInHours

PTBA stands for Preparation Time Before Arrival. It is a general keyword to describe the minimum time a booking has to be made in advance in order to be accepted by the PM. The dates restricted by PTBA are normally set as not available already in the calendar. Hence, the PTBA data is already applied in availability and sent to the channel within the ARI data.

The PTBA in Rentals United blocks the availability x hours from 23:59 PM of the day of arrival on the property's local timezone. For example if the PTBA is set to 6 hours, bookings will be accepted until 6:00 PM of the day of arrival, after 6:00 PM the calendar will be closed. If the PTBA is set to 24 hours, bookings will be accepted until 23:59 PM before the day of arrival, after that the calendar will be closed.

Changeover restrictions

Pull_GetChangeoverDays_RS

Changeover restrictions specify whether check-in or check-out is allowed for a given day. This is a great option if you need the guests checking in and out to fit your schedule and it will help you avoid unexpected guests. If some days are restricted from changeovers, then your guests will simply not be able to select such a stay if the start or end day falls on a changeover-restricted day.

Tax

Pull_ListSpecProp_RS/Property/AdditionalFees

Tax refers to mandatory charges legally levied on particular types of goods, services and transactions, paid as a contribution to the state’s revenue, for example VAT or city tax.

Note: Whimstay synchronises all taxes as they are set up in Rentals United. In case your set-up is not correct on the channel website, please reach out to Whimstay directly.

Fee

Pull_ListSpecProp_RS/Property/AdditionalFees

Fee refers to mandatory or optional charges paid in exchange for particular services. These include:

Charges for additional services, for example Internet access or shuttle.
Fees defined by local governments that do not fall into the tax category, for example environmental fees.

Note: Whimstay synchronises all fees as they are set up in Rentals United. In case your set-up is not correct on the channel website, please reach out to Whimstay directly.

Down payment (N/A)

Pull_ListSpecProp_RS/Property/Deposit

In this integration, this is not synchronised with Whimstay.

Security deposit

Pull_ListSpecProp_RS/Property/SecurityDeposit

Security deposit is a mandatory or optional refundable charge the guest needs to pay to cover for potential property damages.

Currency

Pull_ListSpecProp_RS/Property@Currency

Currency in Rentals United is a fixed value, by default established on the basis of the property location. The currency of any property can be checked in Rentals United, go to Step 5: Price and availability after selecting All properties tab.