Setting Up Room Pricing
Last updated: November 2025
Understanding Pricing Structure
InnGO uses a flexible two-tier pricing system:
- Room Type Base Price: Default price for all rooms of that type
- Individual Room Price: Can override the base price for specific rooms
Setting Base Price for Room Types
Step 1: Go to Rooms tab → Room Types
Step 2: When creating or editing a room type, enter the Base Price
Step 3: Enter amount in your selected currency (₦, $, £, €)
This price automatically applies to all rooms of this type.
Custom Pricing for Individual Rooms
Want different prices for specific rooms? Here's how:
Step 1: Go to Rooms tab → Rooms subtab
Step 2: Click Edit on the room you want to customize
Step 3: Change the price field to your custom amount
Step 4: Click Update Room
💡 Use Case: Charge more for corner rooms with better views, or less for rooms near elevators/noisy areas.
Recommended Pricing for Nigerian Hotels
Budget Hotels (1-2 Star)
- Standard Room: ₦5,000 - ₦8,000/night
- Deluxe Room: ₦10,000 - ₦12,000/night
Mid-Range Hotels (3 Star)
- Standard Room: ₦12,000 - ₦18,000/night
- Deluxe Room: ₦20,000 - ₦30,000/night
- Suite: ₦35,000 - ₦50,000/night
Upscale Hotels (4-5 Star)
- Standard Room: ₦25,000 - ₦40,000/night
- Executive Room: ₦50,000 - ₦80,000/night
- Suite: ₦100,000+/night
Dynamic Pricing Strategies
Weekday vs Weekend Pricing
Manually adjust prices:
- Lower weekday rates (Monday-Thursday)
- Higher weekend rates (Friday-Sunday)
- Update prices each week or season
Seasonal Pricing
Adjust for high-demand periods:
- High Season: December, Easter, Public Holidays - increase 30-50%
- Low Season: January-February - decrease 10-20%
- Events: Conferences, concerts nearby - increase prices
Long-Stay Discounts
Offer discounts for extended stays:
- 7+ nights: 10% discount
- 14+ nights: 15% discount
- 30+ nights: 20% discount
Calculate manually and apply custom price when booking.
Currency Considerations
Your prices are stored in your selected currency. When you change currency in settings:
- Existing bookings remain in original currency
- New bookings use the new currency
- You must manually update all room prices
⚠️ Important: Choose your currency carefully before setting prices. Currency changes require updating all prices manually.
Best Practices
- ✓ Research competitor prices in your area
- ✓ Include all amenities in the price (WiFi, breakfast, AC)
- ✓ Review and adjust prices quarterly
- ✓ Offer corporate rates for business clients
- ✓ Keep prices competitive but profitable
Need Help?
Contact us at support@inngo.com