Me advice for booking in slow months
Pricing & Profitability
intermediate
Pricing Strategy
Revenue Management
Occupancy
Seasonal Pricing
Airbnb
M
Summary
AI-generatedThe presenter discusses how to make data-driven pricing decisions. He recommends using monthly math to help you determine the amount of money you need to profit each month. He also explains how your booking success can be affected by being too greedy with the amount of profit you want to achieve.
Key insights
Your PITI (principal, interest, taxes, and insurance) is your monthly nut.
Mistakes to avoid
Don't be too greedy when deciding your pricing, as it can cause you to not receive bookings and actually lose money.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial