Stop Trying To Get 100% Occupancy In Your Airbnb!

243 viewsPublished: June 13, 20240m 43sScore: 75
Pricing & Profitability
intermediate
Occupancy
Pricing Strategy
Revenue Management
Profitability

Summary

The video discusses the importance of maximizing the rates in your short-term rental (STR) rather than focusing solely on achieving 100% occupancy. Initially, the speaker focused on achieving 100% occupancy by lowering rates and offering single-night stays, but discovered the STR was not as profitable. The video emphasizes that aiming for around 85% occupancy is acceptable and helps maximize overall profit.

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