Insight
Flexible minimum night stays can actually increase long bookings.
Pricing Tools Don’t Think: Human Strategy Wins in STRs
Summary
This article from Get Paid For Your Pad highlights the importance of human strategy in STR revenue management, emphasizing that pricing tools alone aren't enough. It covers key metrics like MPI, booking windows, and minimum stay flexibility. Hosts should prioritize consistent revenue management routines and a strategic approach to pricing.
Key takeaway