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- Change your prices NOW! (By April 18th)
Change your prices NOW! (By April 18th)
Summary
In this video, Sean Rakidzich urges short-term rental hosts to regularly adjust their prices in response to market conditions and their competition, highlighting the need to raise prices sufficiently for peak seasons and lower them enough during the off-season to maintain bookings. He explains that not changing prices effectively can significantly impact profitability and long-term business sustainability. Rakidzich outlines how future calendar fill rate and trailing occupancies are critical data points to consider before implementing changes to pricing.
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