Pricing Strategy for New Airbnb Listings (The 10% Rule)
Summary
This video outlines expert revenue management strategies for short-term rentals, specifically focusing on the Poconos market and new listings. Key takeaways include the '10% Rule' for undercutting competitors to build social proof, the importance of opening calendars 12-15 months in advance for large groups, and why dynamic pricing tools require manual oversight at least twice a week.
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Curated by Learn STR by GoStudioM