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Hey Hosts. I have just listed my flat and I'm lost on this site trying to learn this and that LOL! Are there any tips on pricing? How do I know what's an appropriate price?

5 Replies



Hi Winnie, welcome


I would say do a search as a guest for the area, see what everyone else is charging.


A few lessons I learned early on was:


  • Set one Non refundable Rate Plan
  • Strict cancellation policy
  • Close the rooms or set inventory to 0 in calendar - list view until you are ready t o go live


I will add more to this as i remember...


oh yeah consider applying for Payments by Booking.com when startingout , asuming its is available to your country. 


Under finance menu ,, Get Paid.


Kind Regards


You can link your listing to your partner profile here , its greatly helps us other partners advise you when we have some thing to reference.






10 months ago
Winnie Mburu

Thank you very much. I'm happy to learn the ropes. 

10 months ago

one mistake I made early on was undercutting the local competition too much and getting Tom, Dick & Harry on 1 night bookings only.


Yes I got lot of bookings, but even that can be a bad thing when you are resetting rooms daily.


You might want to consider setting minimum of 2 nights for the first Rate Plan.


My Rate Plans are as follows:


  1. Nightly Rate Plan
    •  Base Rate of X e.g. 99euro
    •  Minimum Stay 2 Nights
    • Minimum advance booking = 0
    •  Link to Rooms created. Does not have to be linked to all rooms.
  2. 3 Night Rate Plan
    • Rate = Nightly Rate plan - 5 Euro.  (so it calculates based on first plan minus a discount either as a percentage or fixed.
    • Min. Nights 3

and so on

I think I did it as 2,3,5,7 minimum night plans, where they all are discounted based on the first plan minus a % or fixed amount.


10 months ago


If you want to get paid y using OTA Virtual Credit Cards and or option to charge guest.


I would recommend payrexx.com (with Stripe enabled).


They have a virtual terminal, which is basically a web based browser interface to charge the cards.


Also have a direct pay, where you can send a payment link to the guest to do prepay, and then it lets them pick the payment method.


With this you can handle all cards, paypal apple pay google pay , sEPA, AMEX, BAncontact, Giropay,iDEAL, Alipay etc..

There is a fee and then a transaction fee but that is normal, and there is a free 30 day trial.



10 months ago
Winnie Mburu

Thank you so much Barry. I'm still learning as I am new here. I have a few more questions. 1. I'm wondering why I can't edit my apartment details. Some of the information given is incorrect and some important information is also missing that I would like to add. Why does booking.com make that so difficult.

2. I'm letting out one double room in a 2 bedroom apartment. The room can accomodate 2 max. That's the information I put under my profile but everytime somebody books for 2 they are charged the price for 1. It's becoming frustating as I can't figure out where I need to amend. I have had 3 guests encounter this problem so far and I am lsoing out on revenue. Would appreciate any help to rid of this nightmare. Thanks. 

9 months ago