How to Price Your Airbnb - Pricing Strategy #airbnb #airbnbbusiness #airbnbhost
Summary
Jorge discusses his pricing strategy for short-term rentals. He first takes the desired revenue (which is double whatever the rent or the mortgage payments), and divides that by 20 days. The goal is to double the numbers at a 66% occupancy, leaving enough space to potentially triple the revenue.
More from Pricing & Profitability
North Texas homeowners are poised to capitalize on surging Airbnb demand during the World Cup. This presents opportunities for profit but also highlights the need for hosts to understand market dynamics and optimize their listings. Hosts should research peak season strategies to maximize revenue during this event.
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Curated by Learn STR by GoStudioM