EP105: When Things Don’t Go As Planned With Sim Singh

Get Paid For Your Pad
Published: September 27, 2016
Pricing & Profitability

Summary

This article discusses revenue management strategies for short-term rentals, emphasizing the importance of scheduled pricing routines, analyzing booking data, and understanding the impact of booking windows and demand signals. Hosts should implement a daily or weekly pricing review, paying attention to booking behavior, and making small adjustments to optimize revenue.

Key Insights

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

Action Items

  • ✓
    Implement a daily and weekly pricing review to stay ahead of the market.
    Effort: low
    Impact: medium
  • ✓
    Review booking behavior to identify pricing and demand signals.
    Effort: low
    Impact: medium
  • ✓
    Make small daily price changes to increase exposure on OTAs.
    Effort: low
    Impact: medium

Tools & Resources

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

Related Videos

Thumbnail for Michael Chang
1:38
1️⃣ Follow me 2️⃣ Comment “CALCULATOR” 3️⃣ Check your message requests for my free STR wealth &
20 views75
Pricing & Profitability
intermediate
Thumbnail for Kai Andrew
15:57
Why Most Airbnb Hosts Are Quietly Failing
1.9K views90
Pricing & Profitability
intermediate
Thumbnail for The Short Term Shop
28:17
February 2026 Smoky Mountains Market Update
279 views90
Pricing & Profitability
intermediate

More from Pricing & Profitability

KC has ‘highest occupancy’ of World Cup cities. Is effort to add rentals working? - Kansas City Star

This article discusses Kansas City's high occupancy rates compared to other World Cup host cities, raising questions about the effectiveness of efforts to increase short-term rental availability. It implicitly touches on market trends and the impact of major events on the STR market. The article likely explores whether increased rental supply can meet demand while analyzing the city's approach to STRs.

1 day agoKansas City, MO75
Pricing & Profitability
Local News
Best Mountain Towns Where Homes Deliver the Strongest Airbnb Returns - Realtor.com

Realtor.com's report on best mountain towns for Airbnb returns reveals key locations for STR investment. The analysis likely includes data on occupancy rates, ADR, and RevPAR to identify profitable markets. Understanding these trends helps hosts optimize pricing strategies and choose lucrative destinations.

1 day ago85
Pricing & Profitability
Airbnb offers $750 incentive for some Ga. hosts during FIFA World Cup - WRDW

Airbnb is offering a $750 incentive for some hosts in Georgia during the FIFA World Cup, potentially boosting occupancy and profitability. This program seeks to capitalize on increased demand from the international event, offering financial benefits to participating hosts. Learn how to qualify and leverage this incentive for your STR.

3 days agoGeorgia85
Pricing & Profitability

Curated by Learn STR by GoStudioM