The Base Price is the foundation of your pricing strategy, and until now, adjusting it across multiple listings required updating each listing individually. This made portfolio-wide strategy changes time-consuming and prone to errors.
With Base Price Adjust, you can now manage Base Prices to increase or decrease by a fixed amount or by a percentage. This lets you update prices faster, make seasonal strategy changes more easily, and plan your year more efficiently.
To learn more about what a Base Price is, please check our article dedicated to explaining what a Base Price is.
What's New?
Previously, the Base Price could be updated in only two ways:
In the data-driven option, select either More Conservative, Recommended, or More Aggressive.
Alternatively, you can set a single fixed price, for example, $200.
With the new update, you can now also:
Adjust the Base Price by a specific currency amount, like increasing it by $25 (+$25)
Or by a percentage, like reducing it by 10% (-10%).
These adjustments can be applied to a single listing or multiple listings at the same time.
Adjusting Base Price Based on Performance
One common use case is performance-based repricing. For example, as the year ends, you can increase the Base Prices of your top-performing listings directly from the Portfolio Settings page.
To do this, you can:
Filter listings by performance:
For example: Adj. Occupancy is 70%–100% (last 180 days).
Select all of the filtered listings.
Adjust the Base Price by 5% using the Adjust Existing option.
Review the Base Price previews.
Save the change.
This same workflow can also be used for other scenarios, such as:
Decrease Base Prices for underperforming listings.
Apply fixed currency adjustments (for example, -$20).
Make quick portfolio-wide strategy changes.
Base Price Adjustments with Events and Seasons Configuration
Base Price adjustments become even more powerful when combined with Events and Seasons.
With Events and Seasons, you can:
Make Base Price changes for specific seasons or events.
Maintain consistent pricing logic over time.
When adjusting the Base Price:
All related seasons and events pricing updates automatically.
The same pricing structure stays in place. For example:
If the default Base Price is $200, you set the Summer Season to 20% above the Base Price, and Holiday dates to 25% above the base price.
Then you increase the base price by 10%.
After adjustment, the Base Price becomes $220. The Summer prices will maintain 20% higher, and the Holiday dates also keep the 25% from the new Base Price.
Everything stays the same, and only the prices shift.
Annual Planning at Scales
Events and Seasons can be built years into the future—multiple years ahead, or even 20+ years.
As a result:
Adjusting the Base Price today will immediately update future pricing.
Seasonal and event pricing stays consistent across years.
Long-term rate plans can be created in just minutes.
By separating Rules and Overrides:
Rules are defined by your ideal strategy.
Overrides are adjustments made throughout the year.
This structure lets you build an annual pricing plan faster and makes it easier to maintain.
If you have any further questions about this feature, or need help implementing it on your listings, please feel free to reach out to our chat support team. We’re available 24/7.