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How Your.Rentals Applies Rates in Order of Priority

On Your.Rentals, you have several options for setting rates for your listings. Understanding how these rates interact with each other will help you effectively manage pricing and stay restrictions. Here's an overview of how your rates and restrictions will apply based on priority levels.

Price Hierarchy (From Highest to Lowest Priority)

  1. Custom Rates
  2. Dynamic Pricing
  3. Seasonal Rates
  4. Basic Rates

This hierarchy determines which price is applied when multiple pricing options are available. The system will prioritize the higher-level option in the hierarchy and fall back to lower-level options if no applicable rates are found.

Stay Restrictions Hierarchy (From Highest to Lowest Priority)

  1. Rules Configured in Seasonal Rates
  2. Rules Configured in Basic Rates

This hierarchy determines which set of stay restrictions will apply when multiple rules are set across different rate types.

How Rates and Restrictions Work Together

To clarify how rates and stay restrictions apply in practice, here are two examples:

Scenario 1: The listing has Dynamic Pricing active, Seasonal Rates applied, and Basic Rates set.

  • Pricing: The system will prioritize the price from Dynamic Pricing, as it is higher in the pricing hierarchy.
  • Stay Restrictions: Since Seasonal Rates are configured, the system will apply the stay restrictions from the Seasonal Rates.

What Happens When Seasonal Rates Are Removed?

  • If the user removes Seasonal Rates, the price from Dynamic Pricing  will still be applied. However, the stay restrictions will now follow the rules set in the Basic Rates instead of the seasonal ones.

Scenario 2: The listing uses Custom Rates, with Dynamic Pricing active, and Seasonal Rates and Basic Rates set.

  • Pricing: For dates where Custom Rates are applied, the price from the Custom Rate will be used.
  • Stay Restrictions: The stay restrictions from Seasonal Rates will be applied.

What Happens When Seasonal Rates Are Removed?

  • For the dates where Custom Rates are applied, if Seasonal Rates are removed, the system will use the price from Custom Rates and the stay restrictions from Basic Rates.

For dates where Custom Rates are not applied, the system will follow Example 1, applying the price from Dynamic Pricing and stay restrictions from Seasonal Rates (or from Basic Rates if Seasonal Rates are removed).

Key Takeaways

  • Price hierarchy is used to determine which pricing method will apply. The system will always prioritize higher-level pricing options.
  • Stay restrictions are applied based on the hierarchy, with Seasonal Rates having the highest priority and Basic Rates taking over when others are not applicable.
  • The combination of Custom Rates, Dynamic Pricing, and Seasonal Rates allows for flexible pricing and restriction setups, ensuring the system uses the most relevant option based on your configurations.

By understanding this hierarchy, you can better manage your listings, ensuring that your pricing and stay restrictions are applied as you intend.