EP073: How to Get More Airbnb Bookings with Sean D’Souza

Get Paid For Your Pad
Published: August 3, 2015
Pricing & Profitability

Summary

This article discusses revenue management strategies for STRs, emphasizing the importance of daily and weekly routines, understanding booking behavior, and the differences between hotel and STR pricing. Hosts should focus on scheduled revenue management, interpreting booking data, and adjusting pricing accordingly to optimize revenue.

Key Insights

  • •Reviewing every booking reveals pricing and demand signals.
  • •Weekends require different attention than weekdays.
  • •Early bookings can indicate underpricing or upcoming events.
  • •Revenue management must be scheduled, not reactive.

Action Items

  • ✓
    Be aware of how booking windows shape revenue strategy.
    Effort: low
    Impact: medium
  • ✓
    Implement a daily and weekly pricing review routine.
    Effort: medium
    Impact: medium
  • ✓
    Review booking data to identify pricing and demand signals.
    Effort: low
    Impact: medium

Tools & Resources

  • →
    Freewyld Foundry: Learn more about Freewyld Foundry(https://www.freewyldfoundry.com)

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