You can use dynamic pricing to automatically adjust your accommodation rates via discounts dependent on how far in advance your guest makes their booking. 

Navigate to Dynamic Splits Setup

Navigate to System>Setup>Dynamic Splits Setup

Click ‘New’

Enter details and click ‘Save’

Enter split name, the minimum and maximum days out that the discount will apply to the booking, and the discount amount, then click ‘Save’. In this example, we have created a 30 day out split, which applies a 10% discount to any bookings created more than 30 days before the booked date.

Navigate to Tariff Setup

Navigate to System>Setup>Tariff Setup

Select the Dynamic Pricing Splits per Tariff

Select the tariff and the dynamic splits you wish to apply to that tariff. You can choose different tariffs to allow different dynamic pricing splits. Eg. You might apply a 10-29 day split and a 30 day out to a week day tariff, but no dynamic pricing splits to a weekend tariff.  

Click ‘Save’

Navigate to ‘Accommodation Calendar’

Looking at your accommodation calendar into the future, you can see your dynamic pricing discounts applied. In this example, we can see from the 7th of December, the price has dropped from $250 to $225 in Queen room 1 due to dynamic pricing.