How to Set Up a Markup Percentage?

What is Markup?

A markup is a percentage that is added on top of your calendar rate. See the example below: 

*These percentages are just recommendations made by us, but it's up to you to decide.

Notes

• Markup can be negative

• Markup needs to be set up per listing

• Hostaway does not convert into another currency

What is Bulk Markup Update?

Bulk markup update allows you to apply the same markup percentage across multiple listings simultaneously, saving time when adjusting rates for commission fees across different booking channels.

Supported Channels for Bulk Update

You can bulk update markup percentages for Airbnb, Vrbo, Marriott, Booking.com, and the Booking Engine.

How to Bulk Update

The following process is recommended for Airbnb, Vrbo, Marriott, and the Booking Engine.

1. Go to Hostaway > Listings > Price & Fees
2. Enter markup percentage
3. Save
4. Near Price & Fees on top, click the clipboard icon
   
   
   
   
5. A new window will pop up with options to copy settings to other listings
   
   
   
   
6. Choose and tick your target channels
7. Click on Next
8. Select the listings you would like to export
   
   
   
   
9. Choose whether to export to channels
   
   
   
   
10. Save

Booking.com Markup Bulk Update Process

Markup bulk updates are available for Booking.com; however, the process differs slightly from the one used for Airbnb, Vrbo, or Marriott. This is due to the rate plans that can be linked to a listing on Booking.com.

How to Bulk Update Markup for Different Rate Plans

To bulk update the markup for different rate plans, please follow these steps:

1. Go to your Hostaway Dashboard > Channel Manager > Booking.com
2. Tick the rate plans you would like to update
3. Click on the Bulk Update Rate Plans button
   
   
   
   
4. A new window on the right side will pop up
5. Enter the Markup and the Minimum Stay (if desired)
   
   
   
   
6. Click Save

Please note the following when using this feature:

• Uniform markup application: The system applies the same markup to all rate plans connected to the listing (e.g., if a listing has 7 rate plans, all 7 rate plans will be updated with the same markup)
• Optional minimum nights update: To avoid updating the minimum nights requirement, leave the minimum stay field blank, and only the markup will be updated

This bulk update feature helps streamline your pricing management across multiple rate plans while maintaining consistency in your Booking.com listings.

Can I set up the markup in other places in Hostaway?

From the Calendar page

• Go to Calendar

• Select a Date

• Click on Pricing > Show prices per channel

• Click on the wheel to be redirected to the Channel Manager page

From the Channel Manager page

• Go to Channel Manager

• Click on Settings

• Enter the markup per channel

• Click on Save per channel

Recommendations

• To apply a markup percentage to direct bookings made through the Hostaway booking engine, you will need to set the markup when creating the direct booking reservation manually. The markup percentage set for the Hostaway booking engine will only apply to bookings made through the website, and not to direct bookings. When creating a direct booking in Hostaway, you can adjust the pricing, including any desired markup, at the time of booking creation.

• To set up a markup percentage for the Hopper channel on Hostaway, you will need to have Hopper set the markup on their side. For other channels, you can set the markup percentage directly on Hostaway. If you continue to have issues with the Hopper channel, you may need to contact Hopper support for assistance with their markup settings.