Market Dashboard: Average Revenue
Summary
AI-generatedThis video explains how to use PriceLabs' Market Dashboard to analyze average revenue for short-term rental properties. Hosts can learn to predict earnings in new markets, compare their performance against competitors, and understand revenue based on bedroom count.
Key insights
Average revenue calculations include weekly and monthly discounts for longer stays but exclude cleaning fees, extra person fees, and guest-paid taxes.
Mistakes to avoid
Failing to account for what is excluded from average revenue calculations (like cleaning fees or taxes) can lead to inaccurate earnings predictions.
Tools & resources
PriceLabs Training Sessionscourse
PriceLabs offers training sessions focused on Market Dashboards, covering data calculation, terminology, KPIs, comp sets, and trends.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial