Length of Stay (LOS) Pricing is a strategic pricing method designed to maximize the overall value of a reservation, rather than focusing solely on the nightly rate. It encourages longer stays by offering pricing incentives based on the total duration of the booking.
For example:
- During peak season, you might allow guests to book a 6-night stay at the price of a 7-night stay, helping to fill gaps while maintaining high revenue.
- In slower seasons, you could offer a 10% discount for stays of 5 to 7 nights, making your property more attractive to guests planning extended visits.
This approach helps you capture a larger share of longer-stay bookings by using value-driven pricing, ultimately boosting occupancy and revenue through more competitive and flexible strategies.
How to build a Length of Stay Map?
How to Add a Unit to the LOS Map?
How to Create a Copy of an Existing LOS Map
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