Minimum Stay

590 viewsalmost 2 years ago4m 14sScore: 82

PriceLabs

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

Summary

This PriceLabs video discusses how to strategically adjust minimum stay restrictions to adapt to softer markets and avoid overly restrictive settings that deter bookings. It demonstrates how to utilize PriceLab's min-stay recommendation engine and encourages hosts to loosen minimums when facing low occupancy, as well as adjust minimums seasonally.