How To Price Your Short Term Rental / Airbnb!
Summary
This video emphasizes that pricing your Airbnb correctly is critical to your success. Pricing too high can reduce occupancy and lower your revenue, and pricing too low can lead to being fully booked but leaving money on the table. The presenter recommends using dynamic pricing tools like PriceLabs and taking factors like competitor pricing, listing occupancy, and market demand into consideration to help you set your nightly rate.
More from Pricing & Profitability
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Curated by Learn STR by GoStudioM