Got A Long Term Booking? Raise Your Base Price! #shorts
Summary
AI-generatedLearn how to strategically adjust your Airbnb base price when you receive long-term bookings. The video explains how increasing your base price by 20-25% for bookings of two to three months can signal to the algorithm that your listing is occupied and potentially lead to future bonus bookings.
Key insights
Pricing tools like Price Labs can be used to adjust base prices strategically, especially when dealing with long-term bookings.
Mistakes to avoid
Failing to adjust your base price upwards when receiving long-term bookings can mean missing out on potential bonus bookings and not effectively communicating your listing's occupied status to the algorithm.
Tools & resources
Optimize My Airbnb Newsletterservice
Optimize My Airbnb offers a newsletter with free goodies for hosts looking to improve their listings and earnings.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial