Occupancy Based Adjustments

PriceLabsFeb 21, 20252m 38s913 viewsScore 85
Pricing & Profitability
intermediate
dynamic pricing
occupancy-based pricing
revenue management
PriceLabs
pricing strategy
M

Summary

AI-generated

This video explains how to use PriceLabs' occupancy-based adjustments feature to automatically tailor your short-term rental pricing. You'll learn how to configure discounts and premiums based on occupancy levels and booking windows to maximize revenue and reduce manual guesswork.

Key insights

  • The default PriceLabs OBA profile includes discounts for lower occupancy levels within specific booking windows; for example, a 15% discount applies if occupancy is 10% or less and the booking is within 15 days.

Mistakes to avoid

  • Not utilizing occupancy-based adjustments can lead to missed revenue opportunities, as it fails to capitalize on demand fluctuations and booking window dynamics.

Tools & resources

  • PriceLabsplatform

    PriceLabs is a revenue management solution that uses automation and market data to help property managers maximize revenue by managing pricing and minimum-stay restrictions.

Frequently Asked Questions

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