How to manage your rental prices

All help ressources
>
How to manage your rental prices

Your nightly price is one number, but it reaches your guests through several different doors: the OTAs you are connected to, your own website, and any tool you let drive your calendar. This guide shows where each price is set in Nowistay, and which lever to reach for.

Where prices actually live

There are two layers, and it helps to keep them apart.

  • The property default. On the property form you set a Default night rate, a Currency and a Default cleaning fee. The default rate is the fallback used when a date has no price of its own.
  • The calendar. This is the real source of truth. Every date carries its own rate, and that is the number Nowistay pushes to your connected platforms and uses to quote a direct booking.

So the property default gets you started, and the calendar is where you actually do the pricing work.

Set your nightly rates on the calendar

  1. Open Calendars from the sidebar.
  2. Turn on the Rates & availability view. Each date now shows its rate and whether it is Available or Blocked.
  3. Select the dates you want to change. The Edit Availability & Rates panel opens with Start Date and End Date already filled in.
  4. Enter your price in Nightly Rate.
  5. Click Save.

Two things in that panel are worth knowing before you use it in anger.

  • Apply to lets you restrict the change to certain weekdays. Leave every day selected to change the whole range, or pick only Fri and Sat to price your weekends differently in a single pass.
  • Each field is tagged Will update or Unchanged, and shows Current: {value}. Only the fields marked as updating are written, so you can change the rate without disturbing your minimum stay, availability, or anything else on those dates.

The same panel holds Availability (Open for booking), Minimum Stay (nights), and under Advanced settings, Maximum Stay (nights), Check-in closed and Check-out closed. For the full tour of those, see managing your availability and prices from the calendar.

Send a different price to each channel

Your calendar holds one base rate per night. If you want Airbnb to be a little more expensive than Booking.com, you do not maintain two calendars: you apply a percentage on top of the base rate, per channel.

  1. Open Properties and find the property you want to adjust.
  2. On its card, open the menu and choose Synchronization.
  3. In the Property Synchronization drawer, click the Channel settings icon next to the channel you want to price differently.
  4. The Channel Settings drawer opens, named after the channel (for example Channel Settings, Airbnb). Stay on the Rate Adjustment tab.
  5. Set Rate adjustment (%). Positive raises the price on that channel, negative lowers it, and the panel confirms what it will do: Rates +12% on Airbnb, or No adjustment, base rates sent as-is at zero.
  6. Click Save.

Each connected channel has its own Channel settings icon, so you set the percentage once per channel.

The adjustment is applied when rates are sent out, so your calendar keeps showing your base price and stays readable. Change the base rate and every channel follows, each keeping its own markup.

A good reason to use it: covering a channel's commission so that your take-home is the same whichever platform the booking comes from.

Booking.com rate plans

The same Channel Settings drawer carries a Rate Plans tab for Booking.com, where you choose which Booking.com rate plans stay synchronised with Nowistay. At least one plan must remain synchronised. Any plan not listed there keeps whatever Booking.com holds for it, so check this tab if one of your Booking.com plans is not moving with your calendar.

Airbnb has its own availability rules that interact with pricing and stay length. They sit in the same drawer under the Airbnb Availability tab, and are explained in the Airbnb availability settings. The Custom Rules tab next to it holds your own availability rules for that channel.

Prices on your own direct booking website

Your booking widget quotes from the same calendar rates, with no channel markup applied. That is the point: direct is your cheapest channel, so it is where a guest gets your base price.

A quote is built from the nightly rates for the selected dates, plus your Default cleaning fee, plus any taxes, minus any discount.

Worth knowing: every night in the requested range needs a rate. If one night has no price set, the widget cannot produce a quote for a stay covering it. If a date range refuses to price, check that range on the calendar first.

In Integrations, open Direct Booking and go to Widget Settings:

  • Discounts: add a Duration in nights and a Discount (%), so longer stays get a better rate automatically. This is how you run weekly and monthly pricing on your own site.
  • Taxes: add a tax with a name (for example City Tax), a value as Percentage (%) or Fixed amount, and how it applies: Per stay, Per night, or Per guest per night. These are added to the amount your guest pays.

Full setup is in setting up direct booking on your website.

Change your prices by asking an AI assistant

If you have connected Nowistay to ChatGPT, Claude, or another assistant that supports connectors, you can manage your calendar by writing a sentence instead of clicking through date pickers. See how to connect ChatGPT, Claude, or Gemini to Nowistay for the setup.

Once connected, your assistant can read your calendar (rates, availability and stay rules for a date range) and write to it: nightly rate, availability, minimum and maximum stay, stop sell, check-in closed, check-out closed, and the same weekday filter you get in the app.

Things you can simply ask for:

  • "Set my nightly rate to 180 for every Friday and Saturday in December on the Lisbon flat."
  • "What are my rates and minimum stays for the first two weeks of August?"
  • "Raise prices 15% for the week of the marathon and set a 3 night minimum."
  • "Block the last week of January and stop sales on the OTAs."

Every price change asks for your confirmation. The assistant first prepares the change and shows you exactly what it will do, and nothing is written to your calendar until you approve it. A misread instruction cannot quietly reprice your season.

Recurring price updates

Nowistay does not schedule anything by itself here. The scheduling comes from your assistant: if yours supports saved or recurring prompts, such as ChatGPT's scheduled tasks, you can point one at your calendar and have it run on its own.

Useful shapes for a recurring prompt:

  • A weekly review that reads next month's calendar and flags any date still sitting at your default rate.
  • A Monday check that lists dates still unsold inside the next 14 days, so you can decide whether to discount them.
  • A monthly pass that applies your seasonal grid to the month that just came into view.

Keep a human in the loop for anything that changes money. The confirmation step is there for a reason, and a recurring prompt that reports back to you is safer than one that reprices unattended.

Automate pricing with PriceLabs

If you would rather let a dynamic pricing engine handle it, Nowistay connects to PriceLabs. PriceLabs then sets your rates from demand, seasonality and local market data, and pushes them into your Nowistay calendar, which sends them on to your channels.

You start it from Integrations, on the Pricelabs card, with Configure. There you choose which properties to hand over and generate the key PriceLabs needs. The step-by-step version, including what to do on the PriceLabs side, is in connecting PriceLabs for dynamic pricing.

PriceLabs and per-channel adjustments work together: PriceLabs sets the base rate on the calendar, and your Rate adjustment (%) still applies on top for each channel.

Which method should you use?

  • The calendar for everyday pricing and for anything you want to see before saving.
  • Rate Adjustment when a channel should sit permanently above or below your base price.
  • Widget Settings for what is specific to direct bookings: length-of-stay discounts and taxes.
  • An AI assistant for bulk changes described in a sentence, and for recurring reviews.
  • PriceLabs when you want rates to follow the market without you watching it.

They stack. A common setup is PriceLabs on the base rate, a channel adjustment to cover commission, and a direct booking discount that makes your own site the best place to book.

Ready to Put Your Rental on Autopilot?

Join 300+ property managers who save hours every week with AI-powered guest communication.