How to Price an Airbnb (Make More Money)

240 viewsover 3 years ago10m 43sScore: 75

James Svetec

Pricing & Profitability
intermediate
Dynamic Pricing
Pricing Strategy
Revenue Management
Occupancy
Seasonal Pricing

Summary

This video explores a pricing philosophy focused on setting occupancy targets and using data from tools like AirDNA. It warns against relying solely on dynamic pricing software and advocates for making small, regular pricing adjustments based on comparing actual booking progress to predetermined benchmarks, such as 75th percentile market occupancy rates.