Insight
If bookings are coming in faster than usual (strong pace), there may be room to hold or raise rates. If the pace slows down, check market-wide behavior vs. portfolio-specific shifts.
Booking window vs booking pace
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Summary
Understanding booking pace and window is crucial for STR hosts. Pace shows booking speed, window shows lead time. Analyzing them together helps optimize pricing and forecast demand, especially when behaviors shift from historical patterns.
Key takeaway