Airbnb Pricing Strategy: How I'm Pricing My Airbnbs in 2018!! 📈💰

9.2K viewsover 7 years ago4m 46sScore: 80

Richard Fertig

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

Summary

Richard Fertig discusses the changing trends in short-term rental bookings and how hosts can adapt their pricing strategies to maximize profitability. Guests are booking closer to their travel dates, so hosts should consider raising their prices in the 30-day window and prioritize profitability over just occupancy. He recommends using a dynamic pricing service like Beyond Pricing to automatically adjust rates based on market factors.