This article will explain how to add new Seasonal LOS Rate. Seasonal LOS is designed as a simple way to manage your rates based on Length Of Stay. If you are using Seasonal LOS rates, this will override any existing Rate Scales you have setup. Our new 'Percentage' Type feature is a great alternative to using Rate Scales.
Before adding Seasonal LOS Rates, you will need to ensure you have set a nightly base rate for each listing you are applying a Seasonal LOS rate to. If the nightly base rate in your Listing Rate Grid calendar is displaying a $0 amount, then Homhero regards this as an unavailable night and no bookings can be made on nights with a $0 rate.
When setting up the nightly base rate for each listing, you can simply select all the dates in the calendar and just apply a high season base rate across all the seasons on each listing. Alternatively, you can also apply your Default Daily Rate as the base rate for all dates in advance.
Click here to view our article on Adding Rates
Click here to view our article on Default Daily Rates
Please follow the below steps:
- Click Booking Engine > Special Rates from the Homhero side menu
- Click the Seasonal LOS tab
- Click Add
- Name - Enter the Name of the Seasonal LOS Rate
- Type - We have two LOS Types to choose from:
- Fixed: This will allow you to set a fixed price, based on the number of nights in calculation
- Percentage: This will allow you to set a percentage, based on the on the number nights in calculation - Prorata - If this toggle is enabled, the last calculated LOS night will be used for all nights past the last non empty Length of stay price e.g. 8 nights will be $800, 9 nights will be $900 etc.
If the toggle is off and there is no 'Percentage' or 'Fixed' value applied for a specific night in the booking, then the rate will fall back to the nightly rate. - Apply to Listings - Click here to set which listings this LOS Rate will apply to. Generally there is just one tariff for each listing, however if you have listings with the same tariff you can apply multiple listings to the same LOS Rate.
Note: Each listing can only have 1x LOS Rate mapped at a time. - Season - This column will display a list of all active Seasons
- Night Offset - You can select from two options, Season or Stay. We recommend identifying your high seasons and set them as the ''Season'' nightly offset. Your low seasons you can set as the ''Stay'' nightly offset. However, this really comes into play when there is an overlap of seasons. By having your high season set as ''Season'', it will ensure that your owner is getting the highest rate for that time.
- Stay: Season uses the day index from season
- Season: Stay uses the day index from the number of days in the stay
See our article here for more information on understanding the Night Offsets for Seasonal LOS. - Nights - Click on the empty dash space under each night to insert a Fixed price or Percentage for each night within your Seasons. You can add in values up to 31 days in advance.
- Save - Once you have completed the above steps, then click Save to add your new LOS Rate
- Cancel - Click Cancel to stop the process
Fixed
Percentage (New Feature)
You can view all listings that have Seasonal LOS Rates applied from the Booking Engine > Listings page.
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