Hospitable Direct 101: Pricing

HospitableJun 26, 202410m 50s694 viewsScore 75
Pricing & Profitability
intermediate
pricing strategy
direct booking
markup
additional fees
platform fees
M

Summary

AI-generated

This video explains how to manage pricing consistency across different short-term rental platforms like Airbnb and VRBO. It details how markups, additional fees, and taxes can create price variations and provides strategies for optimizing direct bookings.

Key insights

  • On Direct Premium, taxes are displayed after the total before taxes, similar to how Airbnb presents them. This requires careful attention to ensure accurate tax calculation and collection.

Mistakes to avoid

  • Failing to account for additional fees like management fees or community fees in direct bookings can lead to discrepancies. These fees are often added to the nightly rate and then subdivided, increasing the final price shown.

Tools & resources

  • Hospitableplatform

    Hospitable.com offers tools for managing direct bookings and channel integrations, including pricing and fee configurations.

Frequently Asked Questions

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