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Setting Your Space Price

How to configure hourly pricing, minimum and maximum booking times, and maximum daily charges

This article is for Hosts setting up or updating pricing rules for a Space.

SpacetoCo calculates availability and charges in 15-minute increments based on your hourly rate. For example, a Space set at $20/hr is billed at $5 per 15-minute slot.

Core Pricing Controls

Hourly Rate

Set your base hourly price in AUD or NZD.

Minimum or Maximum Booking Time (MBT)

Set limits on the shortest or longest duration a Customer can book in a single session. For example, a $20/hr Space with a 2-hour minimum and a 4-hour maximum results in a minimum spend of $40 and a maximum spend of $80.

Maximum Daily Charge (MDC)

Set the maximum hours a Customer is charged within a 24-hour period (midnight to midnight), even if the booking continues longer.

For example, if your rate is $20/hr with an MDC set at 10 hours, any booking between 10 and 24 hours caps at $200. This replaces full-day rates while keeping calendar availability open for other time slots on the same day.

Note: You can use MBT and MDC together on the same Space.

Free Spaces

If your Space is free to hire, check This space is free to book. Minimum booking times still apply, but maximum daily charges do not. Learn more about listing free spaces.

Updating Existing Prices

Updating your hourly price, MBT, or MDC does not alter existing or accepted bookings. Confirmed bookings retain their original rate.

 

Pricing Tips

  • Compare similar local venues listed on SpacetoCo to set competitive rates.
  • Keep prices simple. Use whole numbers and rely on Additional Items for optional surcharges (such as commercial rates or wedding fees).
  • Match the prices published on your own website or marketing materials.
  • Start with a baseline rate and adjust as you gain booking volume and reviews.

How to Adjust Your Pricing

      1. Go to Spaces Management in your dashboard and select the space you wish to edit.
      2. Click Billing.
      3. Update your Hourly Price, Minimum or Maximum Booking Time, or Maximum Daily Charge. If applicable, check This space is free to book.
      4. Click Update Space.