NEVER EVER use Airbnb smart pricing... here's why #airbnbbusiness

Michael ChangApr 3, 20240m 49s273 viewsScore 75
Pricing & Profitability
intermediate
Dynamic Pricing
Pricing Strategy
Airbnb
Revenue Management
Occupancy
M

Summary

AI-generated

Michael Chang advises against using Airbnb's Smart Pricing tool. He argues that it poorly gauges market demand, leading to underpricing, and the platform is incentivized to prioritize bookings over maximizing host income due to their commission structure.

Key insights

  • Airbnb is doing everything possible to get the host to lower their prices

Mistakes to avoid

  • Relying solely on Airbnb's Smart Pricing can result in lower earnings because it may not accurately reflect market demand or maximize your potential revenue.

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