Benefits of dynamic pricing vacation rentals #shorts #podcast

477 viewsPublished: November 30, 20230m 55sScore: 80
Pricing & Profitability
intermediate
Dynamic Pricing
Revenue Management
Pricing Strategy
Occupancy
Wheelhouse

Summary

According to Wheelhouse's CEO and Founder Andrew Kitchell, dynamic pricing tools analyze booking patterns from the user and their competitors to automate pricing adjustments. He recommends that hosts who use dynamic pricing tools review their system weekly to ensure the prices are aligned with their expectations and risk tolerance.

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