Insight
Early bookings can indicate underpricing or upcoming events, and last-minute inventory reveals demand and visibility.
EP235: Time for Change
Summary
This article discusses revenue management strategies for STR hosts, emphasizing the importance of scheduled pricing routines, analyzing booking behavior, and understanding the unique challenges STRs face compared to hotels. Hosts should schedule daily and weekly pricing reviews, and pay close attention to booking windows and demand signals to optimize their revenue.
Key takeaway