Lodgify product updates February 2024

Lodgify Product Updates: Dynamic Pricing & More to Boost Efficiency

As February fades and we inch closer to the sunny days of spring, we’ve been hard at work developing new features and improvements to help you maximize your profits while minimizing effort throughout the rest of the year and beyond.

From our newly launched Lodgify Dynamic Pricing feature and renewed Vrbo Elite Partner status to updates that make managing Airbnb resolutions much easier, this month was all about making changes that enhance your vacation rental management experience to help your business thrive.

Here’s what’s new and how it benefits you…

Maximize profit while minimizing effort with Dynamic Pricing

A dynamic vacation rental market calls for dynamic solutions, and that’s why we’ve launched Lodgify Dynamic Pricing, a user-friendly tool designed to optimize your pricing strategy and boost revenue by an average of 20%.

This all-in-one solution uses a sophisticated algorithm considering over 40 listing attributes and historical booking data to adjust rates automatically, keeping you competitive and booked throughout the year.

However, it’s anchored by your base price, ensuring rates stay within your expectations. This means that you maintain complete control and can manually override any suggestions, fine-tuning your pricing to align with your business strategy.

Check out Lodgify Dynamic Pricing to learn how to use it to take the guesswork out of pricing your rental.

Optimize task management with time details

Speaking of taking the guesswork out of vacation rental management, we made changes to help you maximize your productivity in other ways, too.

Now, you can effortlessly track the time spent on all completed tasks, accessible directly from the task details page.

Task management time view

This feature is a game-changer, especially for property managers and larger vacation rental owners juggling multiple properties, as it eliminates the need for manual calculations, simplifying your operations and saving you precious time.

Use it to streamline cost calculations for cleaning teams, for example, or allocate resources more efficiently.

While this overview is currently only available in the desktop app, we are working to launch it on our mobile applications in the coming weeks.

Tracking and managing Airbnb resolutions is easier than ever

This month, we also improved Airbnb Resolutions integrations to make tracking and managing Airbnb booking resolutions easier than ever.

Airbnb Resolutions integration update 2024

Here’s what to look for when using this tool in your dashboard:

  • Easily View Resolutions: As a host, you can now see all resolution details from the reservations page, saving you precious time (and a lot of hassle).
  • Track Resolution Status: Keep track of resolution progress directly within Lodgify, ensuring you’re always in the know.
  • Simple Resolution Management: If any action is required on your part, simply click to be redirected straight to the Airbnb Resolutions Center, where you can handle things smoothly.
  • Important Details: You can now easily access essential information, including who initiated the resolution, type of money transaction, reason, status, and last updated timestamp for complete clarity.

This integration is currently only available to English-speaking users. Stay tuned for announcements regarding the full rollout in the coming months.

Other changes to supercharge your business

As you can see, we’re continually refining Lodgify to offer you the best possible user experience. In February, we made other changes to streamline and supercharge your vacation rental business operations!

Rate your AI messaging experience

Now, you can help us make our AI Assistant serve you better by providing helpful feedback about the tool in your inbox.

Rate AI-generated messages with a quick thumbs up or thumbs down, indicating your satisfaction level. We also encourage you to share detailed feedback, highlighting what you liked about the message or suggesting areas for improvement.

Your input will guide us in refining our AI performance, ensuring the messages it generates are relevant and useful. We appreciate your contribution to this ongoing effort.

Updated settings page for website builder

We’ve redesigned the settings page of our website builder to enhance navigation and user experience.

Additionally, we’re offering upgraded SSL certificates for all domains, boosting security against potential cyber threats.

Domain page management

Lodgify earns Vrbo Elite Partner status (again)

Finally, we’re thrilled to share that Lodgify has (yet again) earned Vrbo Elite Partner status!

This prestigious recognition is awarded to vacation rental software providers that meet strict performance, quality, and customer service standards. It demonstrates our commitment to excellence while confirming our place as a leader in vacation rental management software.

However, the real winners here are you—our users. Our Elite Partner status means Lodgify customers can enjoy:

  • Increased API connectivity
  • Faster solutions to common problems
  • Extra support and expertise provided by both Lodgify and Vrbo
  • Opportunities to participate in special promotions and marketing campaigns

2024 Vrbo Elite Partner Status Lodgify

While we are incredibly proud of this achievement, we’d like to take the opportunity to thank you, our users, for continuing to trust us to help you grow and manage your vacation rental businesses.

Read the full announcement here!

Start improving your vacation rental business efficiency

We’ve been hard at work updating existing features and introducing new ones to help you maximize profitability with minimal effort.

The goal? To help you elevate your vacation rental business to new heights.

If you’re not using vacation rental software to help scale your business and haven’t tried Lodgify yet, sign up for a commitment-free 7-day trial. You can also register for a personalized product demo call with one of our agents or try our features with a product demo.

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