Got A Long Term Booking? Raise Your Base Price! #shorts

Optimize My Airbnb: I Help Airbnb Hosts Make MoneyApr 26, 20230m 48s313 viewsScore 75
Pricing & Profitability
intermediate
Pricing Strategy
Dynamic Pricing
Revenue Management
Occupancy
M

Summary

AI-generated

The presenter suggests increasing the base price of your STR listing by 20-25% when you secure a booking for two or three months. This can lead to additional bookings and signal to the algorithm that the listing is booked at a higher base price.

Key insights

  • Securing a 2-3 month booking presents an opportunity to increase the base price.

Tools & resources

  • PriceLabstool

    PriceLabs is a dynamic pricing tool.

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