Why use dynamic pricing

Summary

In this episode of Vacation Rental Machine, Julian Sage and Jon Bell discuss the importance of dynamic pricing for Airbnb short-term rentals, highlighting its time-saving benefits and ability to optimize revenue based on factors like occupancy, events, and seasonality. They caution against relying solely on Airbnb’s Smart Pricing tool, and advocate for setting minimum nightly rates while allowing for uncapped upside potential, along with ensuring compatibility with your channel manager/PMS.