Setting up Monthly Rate Plans

Updated 2 years ago | 3 min read

Longer stays are becoming more popular than ever, reflecting changing travel preferences. Offering a discounted Monthly Rate Plan can help you increase your property’s occupancy and revenue. Longer stays can also simplify your workload by reducing the time spent checking guests in and out, and cleaning your rooms or units.

To find out more about offering rates for longer stays, take a look at this Solutions page.

Create a Monthly Rate Plan now

In this article

Understanding Monthly Rate Plans

To stand out to travelers who are looking to stay longer, you can create a new Rate Plan that offers a discount on your cheapest daily rate. Potential guests who search for stays of 28 nights or longer will be able to see and book your new discounted rates.

Just like with other Rate Plans, you can customize the details of your Monthly Rate Plan, including:

  • The cancellation policy
  • Any meal plans that are included
  • Which dates the rates are available for
  • The discount amount
  • The rooms or units the Rate Plan applies to

Keep in mind that the maximum length of stay travelers can book varies by region. To change the maximum length of stay you offer, take a look at this article. There may also be laws and regulations that affect longer stays in your region, which you can learn more about in this article.

Setting up a Monthly Rate Plan

You can set up a Monthly Rate Plan by following these steps:

  1. Log in to the Extranet
  2. Click Rates & Availability, then Rate plans
  3. Click Add new rate plan
  4. Choose Monthly, then click Add rate plan
  5. On the next page, set up the details of your Rate Plan, then click Review
  6. Click Activate rate plan

If you work with a connectivity provider, you can also set rates and discounts for longer stays on their platform. To find out more about this, take a look at this article.

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