Managing Extended Stay Rates
Managing Extended Stay Rates Without a Rate Manager? Gearco Makes It Possible.
Extended stay properties face a unique challenge: you’re not running a hotel — but you’re not running long-term leases either. Your rate strategy has to strike a perfect balance between flexibility, competitiveness, and protection of revenue. And if you’re like most properties, you’re doing that without a full-time rate manager on staff.
That’s where things often fall apart. Manual rate changes, inconsistent billing practices, and outdated spreadsheets can lead to lost revenue, unhappy guests, and a staff that’s constantly in catch-up mode.
Gearco built Rate Matrix™ for this exact problem — to help extended stay operations manage complex rate logic without needing a dedicated revenue team.
Why It’s So Complicated Without a Rate Manager
In a traditional hospitality environment, a revenue or rate manager monitors market demand, adjusts pricing strategies, and ensures proper billing structures are in place. But in extended stay, most teams don’t have that luxury.
Instead:
- Front desk teams or managers manually update rates
- Rates may be inconsistent across stays or renewal periods
- Adjustments for length-of-stay discounts or late fees get skipped
- Guest expectations don’t always match how the folio behaves
Without a centralized and smart rate tool, even experienced managers struggle to keep up — especially with long-term guests whose needs, schedules, and payment behaviors change over time.
Introducing Gearco Rate Matrix™ — Automated Rate Management for Real Extended Stay
Gearco’s Rate Matrix eliminates the need for guesswork or manual oversight by giving management the tools to automate complex rate behavior across the guest lifecycle.
Here’s what you can automate and control:
- Real-Time Rate Adjustments: Easily adjust pricing based on purchased length of stay, occupancy, or other business rules—no manual rework needed.
- Auto-Tiering: Create tiered rates that adjust automatically as a guest’s stay extends — keeping pricing fair and dynamic without staff involvement.
- Renewal Rules: Apply rate changes or adjustments during renewals automatically, without needing to rebuild or reset folios.
- Late Fees & Damage Charges: Automatically apply late fees, hold deposits, or charge for damage based on predefined thresholds— no follow-up required.
- Rate Roll-Ups: Consolidate rate changes and adjustments into clear billing logic that prevents confusion for both staff and guests.
- No Folio Size Restrictions: Handle even the most complex long-term folios with clean, scalable billing structures.
In other words, Rate Matrix does what a full-time rate manager would — only faster, more consistently, and without the added payroll.
Built for Operators, Not Just Accountants
This isn’t just about automation. It’s about control. Gearco gives property managers and regional teams a rate management engine that works within their workflow — without requiring advanced finance or tech knowledge.
Your team can focus on delivering great guest service, not on calculating tier breaks or resetting folios.
Protect Revenue Without Adding Headcount
Every miscalculated rate or missed adjustment is lost revenue. Every inconsistent folio creates friction for your staff. With Rate Matrix, you protect your margins, stay competitive, and maintain transparency — without hiring another body to manage it all.
You don’t need a rate manager when your system thinks like one.
True Extended Stay Needs True Rate Control
Managing extended stay rates is one of the most overlooked challenges in the industry — and one of the most important. Gearco’s Rate Matrix was built to solve it, giving you the automation and oversight you need to run smarter, bill cleaner, and grow stronger.
Let your managers manage people and operations — not spreadsheets and rate tables.
Want to see how Rate Matrix could simplify your extended stay pricing? Let us show you.








