An advance purchase discount is a discount provided to a guest for booking a stay at your property an 'x' amount of days in advance e.g. booking 90 days in advance for an Early bird deal.
This discount encourages early reservations. This helps you improve planning & forecasting, as you will have a better visibility of your future occupancy.
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How to apply an advance purchase discount
Go to your booking engine configuration page (Settings > Booking engine, then click on Settings)
Select Promotions
Click on Promotions.
Choose Advanced Purchase.
Set Up a Discount
Decide on the discount percentage or fixed amount:
For a 10% discount, use a 0.9 multiplier.
For a 20% discount, use a 0.8 multiplier.
For a fixed amount discount (e.g., $50), set it accordingly.
Configure Promotion Details
Set the discount to apply to:
All days (no blackout days).
All rate plans.
Save the Promotion
Click Save to activate the promotion.
Add Additional Promotions
To add more promotions, return to Promotions and select Advanced Purchase again.
Click Add Discount and repeat steps 3-5.