Insight
Small daily price changes can increase exposure on OTAs.
EP108: Building your Airbnb Brand with Airbnb Expert Susan Douglas
Summary
This article discusses revenue management strategies for STRs, emphasizing the importance of scheduled pricing routines, analyzing booking data, and understanding booking windows. Hosts should focus on daily and weekly pricing reviews, considering booking behavior and market trends to optimize revenue. The article also touches on CEO strategies, and comparing STR to Hotel pricing.
Key takeaway