We recommend reviewing similar properties advertised on our site and have a look at the prices that they have set for their property. Points of comparison include:
  •  Type of property
  •  Number of bedrooms
  •  Number of bathrooms
  •  Facilities offered
  •  Standard of upkeep and decor
  •  Proximity to tourist hot spots
 
Sometimes you can increase your prices if you offer a special facility or service to travelers. If your rental rates are too low, travelers might assume that there is something wrong with the property and that the owners are trying to cover it up.
 
We also recommend setting your rental prices for the different seasons. If your market is relatively year round, then you may only need to charge two different rental rates. If your market is seasonal then set higher rates during peak season, and lower rates off season to attract travelers.

If you offer a price break for week or month stays, compare similar properties to ensure you are not offering too deep of a price break. Travelers will be quoted at a cap based on this price break. This is to ensure travelers stay at your property the full time they booked, and don't leave you with early departures. For example, if your nightly rate is $150, and your weekly rate is $500, the guest will not pay more than $500 even if the stay is 4-6 nights long.