{"id":3791,"date":"2021-10-05T07:37:30","date_gmt":"2021-10-05T15:37:30","guid":{"rendered":"https:\/\/www.dpgo.com\/go\/?p=3791"},"modified":"2024-01-11T00:35:09","modified_gmt":"2024-01-11T08:35:09","slug":"distant-night-special-pricing","status":"publish","type":"post","link":"https:\/\/www.dpgo.com\/go\/distant-night-special-pricing\/","title":{"rendered":"Special Pricing for Nights Far in Advance"},"content":{"rendered":"\r\n<p>One of the most telling signs of a business smart <a href=\"https:\/\/www.nytimes.com\/2021\/07\/09\/realestate\/airbnb-short-term-rentals.html\" target=\"_blank\" rel=\"noopener\">Airbnb host<\/a> is their approach to pricing nights that are far in advance. By ignoring this aspect, you risk having to honor bookings that were made when your pricing was neither optimized nor updated. This leaves money on the table and in this economy, can you afford to do that?<\/p>\r\n\r\n\r\n\r\n<p>Team DPGO has developed a new feature designed to make this distant night <a href=\"https:\/\/www.igms.com\/airbnb-pricing\/\" target=\"_blank\" rel=\"noopener\">pricing<\/a> conundrum easier than ever.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>First, let\u2019s look at the logic behind our advice to increase prices for days more than 90 nights in advance.<\/p>\r\n\r\n\r\n\r\n<h2><strong>Why Increase Prices for Stays 90+ Nights in Advance?<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>In the simplest of terms, we recommend increasing prices for <a href=\"https:\/\/www.rentalrecon.com\/guests\/how-far-in-advance-does-airbnb-let-you-book\/\" target=\"_blank\" rel=\"noopener\">nights more than 90 days in advance<\/a> because it avoids the potential loss of income.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>Our pricing engine optimizes your pricing based on real-time market data. We cannot optimize prices for dates further than 90 days in advance, because the data that we need simply hasn\u2019t occurred yet. We use things like currency exchange rates, <a href=\"https:\/\/ideas.com\/tools-resources\/hotel-glossary-terms\/#:~:text=Booking%20Pace,date%20to%20the%20arrival%20date.\" target=\"_blank\" rel=\"noopener\">booking pace<\/a>, events in the area, recent reviews, and more, all of which are time-sensitive. If these factors haven\u2019t even occurred yet, we can\u2019t possibly use them to optimize your pricing.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>So, in the interim, our pricing software increases your prices for dates further than 90 days in advance to act as a placeholder for optimized pricing. We do this because, after years of industry experience, we have detected plenty of booking shares. Travelers that book accommodation so far in advance are usually willing to pay higher prices in order to ensure they succeed in booking their first choice of vacation rental property.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"768\" class=\"wp-image-3793\" src=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/10\/pexels-pixabay-273153-1024x768.jpg\" alt=\"Calendar distant night pricing\" srcset=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/10\/pexels-pixabay-273153-1024x768.jpg 1024w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/10\/pexels-pixabay-273153-300x225.jpg 300w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/10\/pexels-pixabay-273153-768x576.jpg 768w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/10\/pexels-pixabay-273153-175x131.jpg 175w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/10\/pexels-pixabay-273153-450x338.jpg 450w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/10\/pexels-pixabay-273153-1170x878.jpg 1170w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/10\/pexels-pixabay-273153.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n\r\n\r\n\r\n<h2><strong>How Do I Enable This Feature on DPGO?<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>Great question! All you need to do is head to your DPGO account and click on the Settings tab on the panel at the top of your screen. You\u2019ll then be able to move through our various setting tabs, which include Prices, Minimum Stays, <a href=\"https:\/\/www.dpgo.com\/go\/airbnb-discounts\/\" target=\"_blank\" rel=\"noreferrer noopener\">Discounts<\/a>, <a href=\"https:\/\/www.dpgo.com\/go\/weekend-seasonality-airbnb-pricing\/\" target=\"_blank\" rel=\"noreferrer noopener\">Weekends, and Seasonality<\/a>.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>It\u2019s the Prices tab you\u2019ll need for your \u2018Distant Nights\u2019 setting. It is a simple selection toggle, and the pricing engine does the rest!<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.dpgo.com\/app\/en\/account\/register\/?utm_source=blog&amp;utm_medium=website&amp;utm_campaign=sign_up_banner\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" width=\"1024\" height=\"495\" class=\"wp-image-3503\" src=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-1024x495.png\" alt=\"Dynamic Pricing Tool for Airbnb Hosts\" srcset=\"https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-1024x495.png 1024w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-300x145.png 300w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-768x371.png 768w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-175x85.png 175w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-450x218.png 450w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2-1170x566.png 1170w, https:\/\/www.dpgo.com\/go\/wp-content\/uploads\/2021\/07\/1200x580-For-Blog-2.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\r\n\r\n\r\n\r\n<h2><strong>What If I Don\u2019t Use a Dynamic Pricing Tool like DPGO?<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>Well, it\u2019s still possible to benefit from distant date pricing, but you\u2019ll have to manually update your prices, which will take time and careful management that most short-term rental hosts simply don\u2019t have to spare.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>Instead, you\u2019ll need to click ahead to dates over three months in advance and start manually updating your pricing. The percentage by which you increase your prices is really up to you. Depending on which season you\u2019re in, we would recommend an increase of anything from 5% to 25%.<\/p>\r\n\r\n\r\n\r\n<h2><strong>How Can I Get Started with DPGO?<\/strong><\/h2>\r\n\r\n\r\n\r\n<p>All you need to do is visit our website (<a href=\"https:\/\/www.dpgo.com\">www.dpgo.com<\/a>), click \u2018Sign Up\u2019, and start pricing your way to bigger profits!<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>One of the most telling signs of a business smart Airbnb host is their approach to pricing nights that are far in advance. By ignoring this aspect, you risk having to honor bookings that were made when your pricing was neither optimized nor updated. This leaves money on the table and in this economy, can<\/p>\n","protected":false},"author":6,"featured_media":3792,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":""},"categories":[23],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Special Pricing for Nights Far in Advance - DPGO<\/title>\n<meta name=\"description\" content=\"Having a pricing strategy for nights in advance is critical to ensure that your business stays as profitable as possible. We\u2019ll show you how!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dpgo.com\/go\/distant-night-special-pricing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Special Pricing for Nights Far in Advance - DPGO\" \/>\n<meta property=\"og:description\" content=\"Having a pricing strategy for nights in advance is critical to ensure that your business stays as profitable as possible. 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