How to price your Airbnb with no data or comparables

1.1K viewsalmost 5 years ago8m 37sScore: 82

Short Term Sage - Airbnb, Vacation Rental Host

Pricing & Profitability
beginner
Pricing Strategy
Revenue Management
Occupancy
Dynamic Pricing

Summary

This video provides a framework for pricing an Airbnb when market data and comparables are scarce. It emphasizes calculating costs, determining a minimum price, factoring in target profit, and then testing different rates while observing booking patterns and guest feedback to optimize profitability.