policy for setting prices across various booking engines and price match guarantee?
Hi! I would like to understand how other partners set their pricing across various booking engines - do you set one price for all even if it is a lesser % commission? Or do you set a base price and top up depending on the commission payable?
Also booking.com offers a lowest price guarantee - would the property have to pay the price difference if let's say there was by mistake and a lower price on another booking engine? Nothing in help on this topic - anyone have any experience with this pls?
I keep my rates the same for simplicity, with the exception of Airbnb where I show a different rate that is inclusive of taxes as they do not separate out the taxes like other OTA's
Not sure but you may be contractually obligated to do the same rate. You can for sure not offer lower rates on your own website.
You would only be obligated to honour a lower price if you personally set up that lower price promotion.
Not sure where you are, but I often find it confuses some of our potential guests from the US as they advertise in US dollars and we are in Canada so it always seems to show a different rate.
Regardless, we still get our true $ CAD rate per room
I also have the same problem, which has not been solved so far.
Base price and "top up". If base = 100, then AirBnb=104 and BDC=117 (not exact, this is just a very basic example)
Different strokes for different folks, there are many parameters involved on the decision of keeping parity or not.
For us, we set the rates based on the highest commission charge and apply the same rate to all. Promotions are different and more complex, with many ways of playing with them, tuned to e.g. requirements and speed at which pricing bots respond.