Booked 6 Months Out? You Just Lost Money. Here's Why.
Summary
Luke Carl from The Short Term Shop discusses how to maximize revenue by properly managing your booking window. He cautions against opening up the calendar too far in advance, especially during peak seasons, as it could lead to underpricing. He also recommends opening up the calendar 5 months ahead for an algorithm boost.
Related Videos
More from Pricing & Profitability
Recent tariff changes initiated by President Trump have created uncertainty for hotel owners, who are now assessing the potential impact on their costs. Confusion reigns due to rapid policy shifts and a lack of clear information. This situation may lead to issues for hosts as well as suppliers of furniture, fixtures and other goods.
Airbnb's stock rose 5.4% after a strong Q4 performance, buybacks, and a new employee share plan, signaling positive trends. These financial moves suggest robust growth and investor confidence in the platform's future. Hosts should be aware of these positive signals, as they reflect the overall health of the Airbnb market.
Airbnb is offering incentives for Tarrant County homeowners to list their properties during the upcoming World Cup, providing a potential revenue stream for hosts. Details on these financial opportunities are likely to be revealed soon, encouraging participation in this event. This could lead to a significant boost in local tourism and hosting revenue.
Curated by Learn STR by GoStudioM