Are your Airbnb prices too high? One Easy, Telling Insight

Are your Airbnb prices too high? One Easy, Telling Insight

Start with these FREE GUIDES AND TEMPLATES:

๐Ÿ”‘ STR Management Handbook ๐Ÿ‘‰ https://t.ly/lYq8K
๐Ÿ”‘ Airbnb House Rules Template ๐Ÿ‘‰ https://t.ly/C7G3l
๐Ÿ”‘ 16 Page Guide to Acquiring The Right Property For STR Returns ๐Ÿ‘‰ https://t.ly/Ok_Cc

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BORROW my expert team 24/7 and improve your guest experiences without the stress ๐Ÿ‘‰ https://strriches.com/management-services/

MAXIMIZE your STR success with my FREE resources ๐Ÿ‘‰ https://strriches.start.page

Stuck on your STR journey? Ask me anything for FREE here ๐Ÿ‘‰ https://www.delphi.ai/tim-hubbard/talk

Housekeeping Agreement Template ๐Ÿ‘‰ https://docs.google.com/document/d/13sMkLM3KVU6fZg8BAPRlmtT-U52NIp9N/

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Struggling to fill your calendar and keep your Airbnb booked?

Today, weโ€™re going to cover one of the most crucial aspects of running a successful Airbnbโ€”pricing. Whether youโ€™re new to hosting or a seasoned pro, setting the right Airbnb pricing strategy is key to maximizing your occupancy rates and keeping your property fully booked.

In this episode, Iโ€™ll walk you through how to use dynamic pricing tools like PriceLabs and Wheelhouse to ensure youโ€™re not leaving money on the table. More specifically, weโ€™ll look at a short-term rental pricing metric that takes only a few seconds to find but can have a huge impact on your revenue.

One common mistake hosts make is setting their Airbnb minimum price too high, even with dynamic pricing in place. Iโ€™ll show you how to quickly check if your minimum price is too high and what to do if it is.

Plus, weโ€™ll talk about how to adjust your pricing for weekends, holidays, and low-season periods to stay competitive. If your occupancy has been dropping or youโ€™re concerned about maximizing your Airbnb revenue, then this episode is for you.

Episode Highlights:

00:00 – Intro
00:45 – Check Minimum Price Frequency
02:15 – Create a Wide Pricing Range
03:50 – Seasonal & Weekend Adjustments
05:20 – Cross-Check Competitor Pricing
06:35 – Lower Prices When Necessary
07:40 – Outro

Thanks for watching! I hope this episode helps you fine-tune your Airbnb pricing strategy and boost your short-term rental revenue. Remember, pricing isnโ€™t a set-and-forget taskโ€”itโ€™s dynamic and changes with the market. Keep checking how often your price hits its minimum and adjust as needed to stay competitive.

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#airbnb
#airbnbhostingtips
#rentalproperty
#realestateinvesting
#shorttermrentals


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