How Whimstay Helps Property Managers Monetize Unsold Nights ft. Alex Alioto

PriceLabsOct 30, 202523m 5s166 viewsScore 85
Growth & Marketing
intermediate
last-minute bookings
distribution strategy
occupancy optimization
revenue management
dynamic pricing
M

Summary

AI-generated

Learn how to leverage last-minute booking platforms like Whimstay to fill unsold nights and increase revenue. This episode explores adapting to shorter booking windows, understanding the modern traveler, and optimizing distribution strategies for maximum occupancy and profitability.

Key insights

  • Modern travelers, particularly Gen Z and Millennials, travel more frequently (7-9 times a year) and are open to weekday bookings, seeking value, space, and experiences over just a bargain.

Mistakes to avoid

  • Simply applying a discount without a strategy on a broad platform like Airbnb relies on hope for visibility, rather than actively driving targeted last-minute bookings.

Tools & resources

  • PriceLabstool

    PriceLabs offers a dynamic pricing algorithm that can calculate last-minute discounts based on market data and seasonality.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial