New Pricing Levers in PriceLabs: More Control Over Demand & Booking Windows
Summary
PriceLabs has upgraded its Demand Factor Sensitivity, Seasonality, Last-Minute, and Far-Out Pricing features. The new levels for demand and seasonality settings give hosts more control over how reactive their prices should be to holidays, seasonal shifts, or market spikes. The market-driven levers for Last-Minute and Far-Out Pricing let hosts align more closely with guest booking behavior across different lead times.
More from Pricing & Profitability
A host reported earning $2,300 monthly on Airbnb with almost constant bookings, only to quit due to difficult guests. This highlights the financial potential of STR hosting but also emphasizes the importance of guest screening and managing guest behavior. Balancing profitability with a positive hosting experience is crucial.
This article discusses Kansas City's high occupancy rates compared to other World Cup host cities, raising questions about the effectiveness of efforts to increase short-term rental availability. It implicitly touches on market trends and the impact of major events on the STR market. The article likely explores whether increased rental supply can meet demand while analyzing the city's approach to STRs.
Realtor.com's report on best mountain towns for Airbnb returns reveals key locations for STR investment. The analysis likely includes data on occupancy rates, ADR, and RevPAR to identify profitable markets. Understanding these trends helps hosts optimize pricing strategies and choose lucrative destinations.
Curated by Learn STR by GoStudioM