What Hosts Charge vs. What Guests ACTUALLY Pay: Unveiling the Price Gap
Summary
This video discusses the reasons for the gap between the price hosts set using dynamic pricing tools and the price guests actually pay. It highlights commission models, PMS fees, cancellation policies, channel markups, promotions, and taxes as contributing factors. Hosts need to be aware of these differences to accurately assess their revenue management and stay competitive.
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Curated by Learn STR by GoStudioM