4 PriceLabs Settings I Use on EVERY New Airbnb

Optimize My Airbnb: I Help Airbnb Hosts Make MoneyJun 8, 20269m 17s70 viewsScore 85
Pricing & Profitability
intermediate
dynamic pricing
PriceLabs
Airbnb pricing
revenue management
new listing strategy
M

Summary

AI-generated

This video explains four essential PriceLabs settings for new Airbnb listings to optimize pricing and revenue. It covers how to configure last-minute discounts, disable default pricing adjustments, utilize adjacent night factors, and prevent pricing scams by freezing rates on booked nights.

Key insights

  • The minimum price setting in PriceLabs acts as the top-level override in the pricing hierarchy, ensuring that no dynamic pricing adjustments will ever result in a price below this set floor.

Mistakes to avoid

  • Failing to freeze prices on booked nights can lead to a scam where guests cancel and rebook the same dates at a lower price as check-in nears, costing hosts revenue.

Tools & resources

  • PriceLabstool

    PriceLabs is a dynamic pricing tool recommended for adjusting Airbnb pricing strategies.

Frequently Asked Questions

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