The 3 metrics I use to price my Airbnbs PERFECTLY (2-4x ROI)
Summary
In this video, the host explains how to determine if you are pricing your Airbnb correctly by looking at metrics in the professional hosting dashboard such as nightly rate, occupancy, and booking lead time (BLT). If your nightly rate and occupancy are higher than your competition but your booking lead time is not lower than the competition, you could be leaving money on the table. He mentions utilizing a two-step pricing strategy to optimize bookings.
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Curated by Learn STR by GoStudioM