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Every regulation change, market signal, and platform shift that touches short-term rentals — read, scored, and summarized so you can stop scrolling Twitter and start running your business.
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Take your revenue management to the next level with PriceLabs (Ep593)
This podcast episode discusses the new features and algorithm of PriceLabs, a dynamic pricing tool. Hosts can now access hyper-local pricing based on 350 similar listings, new dashboard metrics, and a desktop app, helping hosts better understand and manage their pricing strategies.
Take your revenue management to the next level with PriceLabs
This article discusses dynamic pricing strategies using PriceLabs, emphasizing the importance of not over-customizing pricing and understanding local market conditions. It also highlights the significance of using comp sets and the new 'Hyperlocal Pulse' algorithm for more accurate pricing recommendations. Additionally, the article discusses the importance of having a revenue management routine for your STR.
Why it makes sense for Expedia to push individual hosts to Vrbo - RSU by PriceLabs
This article discusses Expedia's strategy of directing individual hosts towards Vrbo. A key factor is likely to be data, possibly from PriceLabs, influencing pricing strategies. This move can impact the revenue management strategies for individual hosts, potentially increasing Vrbo's market share and the use of dynamic pricing tools.
PriceLabs acquires Rental Scale-Up in push to deliver vacation rental insights - PhocusWire
PriceLabs, a dynamic pricing tool, has acquired Rental Scale-Up to enhance its vacation rental insights. This acquisition aims to improve the data and analytics available to hosts for informed pricing and revenue management decisions.
PriceLabs gets $30M investment for short-term rental pricing solution - PhocusWire
PriceLabs, a short-term rental pricing solution, received a $30M investment. This investment highlights the continued growth and importance of dynamic pricing tools in the STR market. Hosts can consider using dynamic pricing tools to optimize their revenue.
Optimize Your Airbnb Prices with Beyond
This article discusses revenue management strategies for short-term rentals, including the use of dynamic pricing algorithms and the importance of a daily pricing routine. Hosts can use these tips to maximize their revenue and improve booking rates. The article highlights the use of pricing tools like Beyond and emphasizes the significance of analyzing booking data and staying connected to operational factors.
Recap of 2021 for the STR Industry
This article recaps key trends and challenges in the short-term rental industry from 2021, including market competition, the importance of dynamic pricing, and the ongoing struggles with cleaning and turnover management. Hosts should pay attention to how dynamic pricing can increase revenue and consider the impact of market competition and cleaning challenges on their business.
What ambitious Airbnb property management companies can learn from Phocuswright Europe conference videos featuring Airbnb, Booking.com, and Expedia - RSU by PriceLabs
This article discusses insights from the Phocuswright Europe conference videos, featuring Airbnb, Booking.com, and Expedia, as analyzed by PriceLabs. The focus is on what ambitious Airbnb property management companies can learn from these videos, specifically around dynamic pricing and revenue management strategies. The conference likely provided valuable insights into platform strategies and market trends, impacting revenue potential for property managers.
My experience with OneFineStay, the unhotel, as a Luxury Vacation Rental owner - RSU by PriceLabs
This article discusses the host's experience with OneFineStay, a luxury vacation rental platform, in relation to revenue management using PriceLabs. Hosts should consider how different platforms and pricing strategies impact their revenue, especially when catering to a luxury market. Analyze the performance on different platforms and consider integrating a dynamic pricing tool to optimize revenue.
In The Big Chair - Julie Brinkman of Beyond Pricing - PhocusWire
This article is an interview with Julie Brinkman of Beyond Pricing. While the specific content isn't detailed, it offers a glimpse into the dynamic pricing landscape and the perspectives of a key player in the revenue management space for short-term rentals.
Vacation Rental Management Conference: Innovation at a Bali Villa Rental Management Company with Bukit Vista CEO - RSU by PriceLabs
This article discusses innovation in vacation rental management, focusing on a Bali villa rental management company and their use of PriceLabs' RSU (Revenue Strategy Unit). The conference highlights how technology and dynamic pricing, such as that offered by PriceLabs, contribute to success in the competitive Bali rental market. It underscores the importance of adapting to market trends and utilizing revenue management tools.
The Long Game in Airbnb property management (Phocuswright Conference Recap & Videos) - RSU by PriceLabs
This article recaps a Phocuswright Conference focusing on Airbnb property management strategies. It likely delves into the long-term aspects of running STRs, covering topics like dynamic pricing and revenue management. Expect insights on navigating the competitive landscape and optimizing financial performance in the short-term rental market.
Vacation Rental Management Conference: Airbnb property management company Houseys CEO on pivoting business model - RSU by PriceLabs
At the Vacation Rental Management Conference, Houseys CEO discussed pivoting their business model. The article highlights the importance of adapting to changing market conditions and using tools like PriceLabs for dynamic pricing. Learn how property management companies are navigating industry shifts.
Beyond Pricing bags $42.5M to develop pricing tech for short-term rentals - PhocusWire
Beyond Pricing, a dynamic pricing tool for short-term rentals, received $42.5 million in funding. This is relevant to hosts as it indicates continued investment and growth in revenue management technology, potentially leading to new features and improved pricing strategies.
EP176: This Week in the World of Airbnb
This article from Get Paid For Your Pad discusses a variety of topics relevant to Airbnb hosts, including the hotel industry's negative advertising campaign, the growth of Airbnb's Chinese competitor Tujia, and the impact of the upcoming solar eclipse on bookings. Hosts should be aware of dynamic pricing strategies and consider using third-party services like Beyond Pricing to optimize their pricing.
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