EP003 – Interview w/ Glenn Cooley, founder of the New Host Forum
Summary
This article discusses revenue management strategies for short-term rentals, highlighting the importance of daily and weekly pricing routines. It explains how to interpret booking data, identify pricing signals, and adjust pricing accordingly to optimize revenue. Hosts can benefit by reviewing their booking data and making small, consistent pricing adjustments.
Key Insights
- •Revenue management must be scheduled, not reactive.
- •Reviewing every booking reveals pricing and demand signals.
Action Items
- ✓Review your booking data daily to identify pricing signals and demand trends.Effort: lowImpact: medium
- ✓Make small, consistent price changes to increase exposure on OTAs.Effort: lowImpact: medium
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com/)
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