Revenue Management Lessons (Ep 601)

Get Paid For Your Pad·Published Nov 24, 2023·Pricing & Profitability
Summary

This podcast episode discusses how to leverage Airbnb's discount features to increase bookings. The speaker explains the benefits of using discounts, particularly for longer stays and past guests, and how they can affect your listing's visibility and conversion rates. Hosts should explore the discount options available within Airbnb's platform to potentially increase bookings.

Key takeaway
Insight

Airbnb provides benefits to hosts who offer discounts, including an extra line item in the price breakdown, a strike-through of the original price, and the potential for a call-out under the price. At 20% or more discount you could also benefit from the platform sending emails to their customers to promote your listing. These features can increase conversion rates.

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