99.24% of Airbnb Hosts misunderstand Pricing Strategy. (Here’s how to exploit that)
Summary
In this video, Sean Rakidzich discusses pricing strategy on Airbnb, noting that unbooked dates indicate incorrect pricing. He goes on to describe how data related to past/future bookings, competitor pricing, and software recommendations can inform your pricing strategy, and that your pricing strategy should resemble an arch - not perfectly even, but accounting for peak/off-peak seasons. The goal is to get as close as possible to the best rate without going over.
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Curated by Learn STR by GoStudioM