EP060: w/ David Ordal, CEO of Automated Pricing App Everbooked
Summary
This article is an episode of the "Get Paid For Your Pad" podcast discussing revenue management strategies. It emphasizes the importance of a structured pricing routine, reviewing bookings, and making small, consistent price adjustments to maximize revenue. Hosts should regularly analyze their pricing and booking data to identify opportunities and avoid common pricing mistakes.
Key Insights
- •Small daily price changes can increase exposure on OTAs.
- •Early bookings can indicate underpricing or upcoming events.
Action Items
- ✓Spot mistakes in minimum stays and pricing settings.Effort: lowImpact: medium
- ✓Review every booking to reveal pricing and demand signals.Effort: lowImpact: medium
- ✓Consider how weekends require different attention than weekdays.Effort: lowImpact: medium
Tools & Resources
- →Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com)
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