Insight
Dynamic pricing can be applied to a per accommodation per stay model to maximize revenue by adjusting rates based on demand, seasonality, and trends.
How Per Accommodation Per Stay Pricing Works
Summary
Per accommodation per stay pricing is a versatile model for STRs, allowing hosts to charge for the entire unit rather than per person or per night. This strategy, when combined with dynamic pricing and add-ons, can significantly boost profitability for unique and luxury properties.
Key takeaway