Start with these FREE GUIDES AND TEMPLATES:
🔑 STR Management Handbook 👉 https://t.ly/lYq8K
🔑 Airbnb House Rules Template 👉 https://t.ly/C7G3l
🔑 16 Page Guide to Acquiring The Right Property For STR Returns 👉 https://t.ly/Ok_Cc
🚀 Get 24/7 Expert STR Management 🚀
BORROW my expert team 24/7 and improve your guest experiences without the stress 👉 https://strriches.com/management-services/
MAXIMIZE your STR success with my FREE resources 👉 https://strriches.start.page
Stuck on your STR journey? Ask me anything for FREE here 👉 https://www.delphi.ai/tim-hubbard/talk
Housekeeping Agreement Template 👉 https://docs.google.com/document/d/13sMkLM3KVU6fZg8BAPRlmtT-U52NIp9N/
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Struggling to fill your calendar and keep your Airbnb booked?
Today, we’re going to cover one of the most crucial aspects of running a successful Airbnb—pricing. Whether you’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, I’ll walk you through how to use dynamic pricing tools like PriceLabs and Wheelhouse to ensure you’re not leaving money on the table. More specifically, we’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. I’ll show you how to quickly check if your minimum price is too high and what to do if it is.
Plus, we’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 you’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 isn’t a set-and-forget task—it’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
