Insight
Knowing the booking lead times and trends – whether guests book in advance or closer to their stay – is critical for setting optimal pricing strategies.
Will 2024 be another 2023 in the STR industry?
Summary
This article discusses revenue management strategies for short-term rentals, highlighting the importance of understanding booking data and setting optimal pricing. It also offers a free revenue management training session. Hosts should focus on detailed booking data and the dynamics of booking windows to improve pricing.
Key takeaway