Insight
In New Orleans, active listings for the Super Bowl period surged by 18% year-over-year, leading to oversaturation. Conversely, Santa Clara saw an 8.4% decrease in listings.
The Short-Term Rental Host’s Strategic Playbook For Recurring vs. One-Time Events
Summary
This PriceLabs article provides a strategic playbook for STR hosts to navigate event-based pricing. It stresses the importance of understanding and preparing for Unknown, Recurring, and One-Time Events by leveraging tools like Dynamic Pricing and Market Dashboards to optimize pricing strategies. The article also covers specific examples using Gulf Coast Jam and Super Bowl data, emphasizing data-driven decisions to maximize revenue. Avoid the "Airbnbust" by being prepared.
Key takeaway