Listing Pricing Policy for Property Owners of Airdesign360: Pioneer Series Designs in Amani Grand Resort Residences on Airbnb
UMC-STRPRO-POLICY-005
Policy Statement
The Listing Pricing Policy for Property Owners of Airdesign360: Pioneer Series Designs in Amani Grand Resort Residences on Airbnb outlines the process for determining the final listing pricing structure of accommodations managed by STR Pro. This policy establishes STR Pro’s role in setting and adjusting prices to ensure competitive and optimized pricing in the market.Â
Purpose and Scope
This policy establishes a framework for determining the final pricing structure of accommodations managed by STR Pro for property owners of Airdesign360: Pioneer Series Designs in Amani Grand Resort Residences on Airbnb. It applies to all subscribed property owners and clients and governs the pricing determination process exclusively for rental properties listed on Airbnb. The policy outlines the integration of base pay, management and maintenance fees, cleaning fees, promotional/advertising fees, and Airbnb fees
Applicability
This policy applies to property owners subscribed to STR Pro services for Amani Grand Resort Residences and clients availing Airdesign360: Pioneer Series Designs. It exclusively governs the pricing determination process for rental properties listed on Airbnb.
Definitions
Base Pay: The fixed amount per nightly stay received by property owners based on the cumulative number and quality of guest reviews. It serves as the baseline compensation for property owners subscribed to STR Pro services.
Management and Maintenance Fee: A fee allocated for management services and property maintenance provided by STR Pro, typically calculated as a percentage of the base pay.
Cleaning Fee: A fixed fee designated for cleaning services per guest stay, covering both labor and materials.
Promotional/Advertising Fees: Fees designated for promotional and advertising activities aimed at enhancing property visibility and booking rates.
Listing Pricing Determination: The final pricing for accommodations exclusively determined by STR Pro, integrating various factors such as base pay, management and maintenance fees, cleaning fee, promotional/advertising fees, and Airbnb fees.
Exclusive Control: Property owners have no authority to influence the final listing pricing structure, aside from the base pay. STR Pro retains sole discretion in determining listing price to ensure responsiveness to market conditions and promotional strategies.
Unilateral Adjustment: STR Pro reserves the right to independently modify pricing structures, excluding the base pay, to adapt to market dynamics and optimize property revenue.
Airbnb Fees: Fees charged by Airbnb, including service fees for guests and host service fees, factored into the overall listing pricing determination process.
General Provisions:
Base Pay: The base pay represents the fixed amount per nightly stay as determined by the Base Pay Policy. It serves as the foundational element of the Listing pricing structure, ensuring property owners receive fair compensation for guest stays.
Management and Maintenance Fee: A fee equivalent to 45% of the base pay is allocated for management services and property maintenance provided by STR Pro. This fee covers essential operational costs to uphold property standards and ensure guest satisfaction.
Cleaning Fee: A fixed fee of 700 pesos is designated for cleaning services per guest stay, covering both labor and materials. This fee contributes to maintaining cleanliness standards, a crucial aspect of the guest experience and property upkeep.
Promotional/Advertising Fees: Periodically determined fees are designated for promotional and advertising activities aimed at enhancing property visibility and booking rates. These fees support marketing efforts to attract guests and maximize property occupancy.
Listing Pricing Determination: The final pricing for accommodations is exclusively determined by STR Pro, integrating the base pay, management and maintenance fee (45% of the base pay), cleaning fee, any applicable promotional/advertising fees, and Airbnb fees. This approach ensures consistent and optimized pricing structures.
Exclusive Control: Property owners have no authority to influence the final listing pricing structure, aside from the base pay. STR Pro retains sole discretion in determining listing price to ensure responsiveness to market conditions and promotional strategies.
Unilateral Adjustment: STR Pro reserves the right to independently modify pricing structures, excluding the base pay, to adapt to market dynamics and optimize property revenue.
Airbnb Fees: Airbnb fees, including service fees for guests and host service fees, are factored into the overall listing pricing determination process. These fees are in compliance with platform policies and contribute to transparent pricing for guests.
Listing Pricing Computation
Listing Pricing Computation (No Promotional/Advertising Fees):
Base Pay: 300 pesos per nightly stay Management and Maintenance Fee: 135 pesos Cleaning Fee: 700 pesos Airbnb Fees: 15% of total price
Total Price = Base Pay + Management Fee + Cleaning Fee + Airbnb Fees Total Price = 300 pesos + 135 pesos + 700 pesos + (15% of (300 + 135 + 700) pesos) Total Price = 1135 pesos + 0.15 * 1135 pesos Total Price = 1135 pesos + 170.25 pesos Total Price = 1305.25 pesos
Therefore, the total price for a nightly stay, considering all applicable fees, is 1305.25 pesos.
Listing Pricing Computation (With Promotional/Advertising Fees):
Base Pay: 300 pesos per nightly stay Management and Maintenance Fee: 135 pesos Cleaning Fee: 700 pesos Promotional/Advertising Fees: 200 pesos Airbnb Fees: 15% of total price
Total Price = Base Pay + Management Fee + Cleaning Fee + Promotional/Advertising Fees + Airbnb Fees Total Price = 300 pesos + 135 pesos + 700 pesos + 200 pesos + (15% of (300 + 135 + 700 + 200) pesos) Total Price = 1335 pesos + 0.15 * 1335 pesos Total Price = 1335 pesos + 200.25 pesos Total Price = 1535.25 pesos
Therefore, the total price for a nightly stay, considering all applicable fees, including Promotional/Advertising Fees, is 1535.25 pesos.
RESPONSIBILITIES
Property Owners: Property owners subscribed to STR Pro are responsible for adhering to the guidelines outlined in this policy.
STR Pro: STR Pro is responsible for overseeing the implementation and enforcement of this policy.
Compliance
Compliance with this policy shall strictly adhere to the outlined guidelines without exception.
Effective Date
This policy shall become effective immediately upon publication on our website. Any revisions or updates to the policy will also take effect immediately upon their posting on the website.
Administration
The administration of this policy shall be overseen by the management team of STR Pro. Responsibilities include ensuring the consistent implementation and enforcement of this policy.