How to set up Smoobu Dynamic Pricing*

* This is a BETA feature, currently available for a selected number of users. Stay tuned!

What is dynamic pricing?

Dynamic pricing tools can help you generate additional revenue by optimizing your rates. 

By constantly monitoring market activity, a Smoobu's dynamic pricing tool automatically adjusts your rates to stay competitive. For example, if similar properties lower their rates on a certain date, Smoobu's dynamic pricing tool will lower your rates accordingly. If availability in your market decreases, Smoobu's dynamic pricing tool can increase your rates to take advantage of demand. 

 

How to set up Smoobu Dynamic Pricing

1. Please click Settings / Smoobu Dynamic Pricing

2. Click Connect

3. Accept the Terms and Conditions

4. Select the Currency. This is applicable to all accommodations. 

5. Enter the Address, number of Rooms and Beds, Minimum and Maximum price, and Amenities for each accommodation you'd like to activate Smoobu Dynamic Pricing for. Press Save when done. 

 

5. Toggle on dynamic pricing. To activate all accommodations, toggle "Apply for all". To activate only select units, use the toggle on the line for each accommodation. 

6) You will see your accommodation(s) are now connecting 

7) Please check in about 20 minutes. If successful, you will your accommodation shows as Connected. 

Have questions? 

We invite you to explore our comprehensive FAQ, available here.

Need help? 

Our Customer Service Team would be happy to answer any questions or feedback you may have. Feel free to open a ticket from the top right of your account under Help or from here. An expert will get back to you as soon as possible.