Insight
Losses were significantly less among hosts who utilized dynamic pricing.
Recap of 2021 for the STR Industry
Summary
This article recaps key trends and challenges in the short-term rental industry from 2021, including market competition, the importance of dynamic pricing, and the ongoing struggles with cleaning and turnover management. Hosts should pay attention to how dynamic pricing can increase revenue and consider the impact of market competition and cleaning challenges on their business.
Key takeaway