Lead time rate rules offer a simple but powerful rate automation feature for property managers.
Why lead time rate rules are beneficial
Reviewing and revising prices for unbooked nights is a time consuming task, especially when managing a significant number of properties. Forgetting to change a rate can mean lost income.
How Uplisting lead time rate rules can help
Automatically change your nightly rates 7, 14 and 28 days in advance. Rather than a % value, Uplisting rate rules work on a whole number. This allows you to work with your calculated rates.
For example, you may have a base rate of $200 but reduce that to $175 if your property is not booked 28 days in advance, $150 at 14 days and $125 at 7 days
How lead time rates work
Uplisting offers 3 set lead time rules, 7, 14 and 28 days. The image below shows what happens if you set a 7 days rate rule for $175. The rate on day 7 will automatically change to your desired rate.
How to set lead time rates
Property settings > Automation > Lead time rate rules on the property you want to set the rate rule on.
Select the rate rule you wish to set using the toggle icon and enter the rates you want.
Once you enter rates and click
Save rate rule you'll notice the rate change instantly on the desired date. From then on rates will update automatically at 12am on day 7, 14 or 28.