Insight
More guests are choosing longer stays to combine work and leisure.
Last-Minute Pricing Strategy Playbook
Summary
This article from PriceLabs provides a playbook on last-minute pricing strategies to avoid panic-discounting and maximize revenue. It emphasizes using OTA promotions, optimizing listing content for visibility, and strategically adjusting minimum length of stay (LOS). The article also highlights the importance of data-driven automation, especially with PriceLabs, to capture revenue, target higher-value guests, and understand market trends.
Key takeaway