If your guests keep telling you your place is too cheap, this episode is for you.
This week on the Hosting Hotline, Sarah is joined by COO and revenue management expert Colleen Prochaska to unpack one of the trickiest parts of hosting—pricing your short-term rental.
They break down:
- How to know if your property is truly “doing well” (spoiler: five-star reviews don’t pay the bills)
- The difference between feeling successful and being profitable
- How to use dynamic pricing tools like PriceLabs the right way
- Why pricing is never “set it and forget it,” and how to make data-driven tweaks that keep you ahead of the market
Whether you’re new to hosting or a seasoned pro, this conversation will help you rethink your pricing strategy so you can stop leaving money on the table and start running your property like a real business.
Tune in to learn how to confidently charge what your space is worth.
Resources mentioned:
PriceLabs – Dynamic pricing software that automatically adjusts your rates based on real-time demand.
Mentioned in this episode:
Lodgify | Use code TFV20
