Your Minimum Price Is Losing You Money 💰
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Summary
AI-generatedThe video explains how having a too-low minimum price on your Airbnb listing can negatively affect your profitability. The host suggests setting your minimum price two to four times less than your highest price, and provides examples of how this strategy works for his own Airbnb listing. He claims that by doing this, you can achieve a higher occupancy rate and maximize your potential revenue.
Key insights
The lowest price you get in the low season should be two to four times less than the highest price you get in the high season.
Mistakes to avoid
Don't set your minimum price too high, or you'll lose out on bookings during low-demand times.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial