We are pleased to announce that Rategenie can now sync rates to Beds24! Who is Beds24? Beds24 is a cloud-based property management solution that offers a channel manager and booking engine for businesses in the vacation rental industry, such as hotels, holiday homes, B&Bs, hostels, property managers, and agencies. What does Beds24 offer? Beds24 is one of the most cost-effective, powerful, …
Our new integration with OwnerRez!
We are thrilled to announce that Rategenie can now sync rates to OwnerRez! Who is OwnerRez? OwnerRez is internationally recognized as a leader in the vacation rental industry for channel management, CRM, PM, accounting, messaging and websites. Integrate with channels like Vrbo, AirBnb, and Booking.com to seamlessly sync availability, rates, rules and listing content. Get your own modern, fast website, process …
Introducing Rate variance and new Color coding
We are excited to introduce the Rate Variance and new color scheme for your rental rates. Now you can quickly judge how much your rates are changing each day for each month by looking at your rates calendar Month Variance shows a percentage value of how the daily rate compares to the monthly average. The formula used to calculate monthly …
Introducing Rategenie new UI
We’re pleased to announce that a new and updated, more user-friendly Rategenie design is now available for the web version at app.rategenie.io. With this new user interface, you’ll be able to perform all of your vacation rental management duties and configure dynamic pricing strategies with ease! The new UI has improved navigation, usability and it’s more powerful than before. What …
How do I apply Length of Stay Discount for my guests?
Rategenie’s LOS (Length of Stay) Discount allows you to provide a discount to guests who are staying over a specified period of time at your rental. This will add more appeal for long-term bookings. Setting up LOS Discounts is a breeze and we’ll give you a look at the way it works once they have been set up. LOS Discounts …
How do I feed my custom rates in Rategenie?
If you have a rental/rentals in Rategenie and you are looking to set your own sets of rates for each day, then the Custom Feed Strategy is perfect for you. Here’s a brief overview of how Custom Feed Strategy can work for you. Let’s say that you are a property manager and you already have in mind what you think …
Adjust your bedroom count in Rategenie to influence your rates!
Rategenie’s Alternate Bedroom Count option allows you to change your rental’s bedroom count to generate rates that are comparable to your competitors. Let’s say that your rental’s original bedroom count is set to 1 and the competing listings in your area are mainly 2 bedrooms with prices that reflect this. To tweak your rates to be on par with those …
How do I adjust my rental’s location so I can get market data for that address?
You’ve created your rate strategies and carefully set each rule to generate the perfect rate for each day in your calendar, but there is no market data available for your rental location. Keep in mind that the Genie Strategy and Historical Demand strategies use the market data to generate the best prices for your rental. The Alternate Location toggle will allow …
Rategenie Tactics for COVID-19
With the current COVID-19 pandemic, things are changing rapidly. The COVID-19 outbreak is expected to have a wide-ranging impact on tourism and travel in general. It’s important to note that the impact of COVID-19 has been quite localized as of mid-March. So far, the rental markets impacted the most are the places with the most cases of the virus. With …
Competitive Vacation Rental Revenue Management
The vacation rental industry is taking a major step forward thanks to new revenue management software options…don’t get left behind!