Insight
STR rate drops must be deeper near arrival compared to hotels.
How to Grow Your Airbnb Business Using Multiple Airbnb Accounts
Summary
This article discusses revenue management strategies for short-term rentals, contrasting them with hotel revenue management. It highlights the importance of consistent pricing routines, analyzing booking data, and understanding the unique challenges of STR pricing, such as operational constraints and the need for deeper rate drops near arrival.
Key takeaway