With Smartpricing, managing minimum stay requirements becomes simple, centralized, and customizable. Not only can you set restrictions in a detailed and targeted way, but you can also automate the management of orphan nights.
All of this is possible through a single, intuitive interface that lets you select the periods, days of the week, properties, and room types to which you want to apply the rules.
The minimum stay features offer two management modes: static and dynamic.
Static Minimum Stay Management
The static management feature allows you to set minimum stay rules in a straightforward, linear manner, similar to using your channel manager. However, using Smartpricing offers numerous advantages:
- Centralization: All settings can be managed from a single platform, eliminating the need to switch between different systems.
- Simplicity: An intuitive interface reduces errors and optimizes workflow.
- Efficiency: Save valuable time by configuring minimum stays in just a few clicks.
To configure static minimum stay settings, simply navigate to the "Accommodations" section in the vertical menu and choose whether to work at the property level or for individual room types.
You can then decide whether to apply the same restrictions for the entire availability period or customize them for specific timeframes.
Additionally, you can personalize the minimum stay requirements for each day of the week, ensuring precise and detailed management.
Dynamic Minimum Stay Management
With the Dynamic Rules feature, Smartpricing allows you to strategically manage minimum stays, adapting them to booking windows. This option is ideal for optimizing sales and maximizing revenue based on different needs.
You can configure minimum stay requirements based on the time between the booking and the check-in date.
Example Use Case:
Bookings made over 30 days in advance: Minimum stay of 7 nights, ideal for periods of low occupancy.
Bookings made between 30 and 7 days before check-in: Minimum stay of 3 nights, for quicker filling.
Last-minute bookings (less than 7 days): No restrictions, maximizing occupancy.
This flexibility allows you to adapt your strategy to market fluctuations, improving the efficiency of your property.
Orphan Night Management with Smartpricing
One of the most common and frustrating scenarios in minimum stay management is the occurrence of orphan nights. Consider a holiday period: you set a minimum stay rule for your apartment to avoid gaps in availability, and everything seems to be working fine. You receive a booking for December 30th, 31st, and January 1st, followed by another booking for January 3rd to 6th.
Now the problem arises: the night of January 2nd is left “trapped” between two bookings. The minimum stay restriction makes it effectively unsellable, and the only solution seems to be manually removing the rule.
But with Smartpricing, there’s a simpler and more effective solution.
Thanks to the orphan night management feature, you no longer need to monitor your grid or manually adjust restrictions. Smartpricing’s algorithm automatically detects orphan nights and reduces the minimum stay to 1 night, making them bookable again.
And what if one of the confirmed bookings gets canceled? No problem: Smartpricing will automatically restore the previously set minimum stay, maintaining optimal and dynamic availability management.
This feature, combined with static and dynamic minimum stay management, ensures total control without the risk of losing valuable bookings or requiring manual intervention. With Smartpricing, orphan night management becomes automatic, precise, and stress-free.
Maximize the Benefits of Smartpricing Features
The Minimum Stay, Dynamic Rules, and Orphan Nights options can be used individually or in combination to create a tailored strategy. With this combination, Smartpricing enables you to:
- Maximize occupancy: Adapting rules to varying market conditions.
- Increase revenue: Leveraging long-term and last-minute bookings.
- Reduce manual work: Thanks to rule automation.
With Smartpricing, minimum stay becomes a strategic and automated tool, designed to meet your property’s needs and deliver excellent results. Don’t leave anything to chance—start harnessing the full potential of advanced minimum stay features today!