Revenue management is one of the most overlooked skills in short-term rentals, yet it’s the key to maximizing your earnings. Too many hosts rely on guesswork or reactive pricing strategies, leaving money on the table. In this episode, we’re diving into the single most important metric you need to track to confidently adjust your rates and increase revenue: your booking window.
Your booking window tells you when guests typically book your property before their stay. Understanding this number allows you to optimize your pricing strategy, adjust in real time, and eliminate last-minute panic.
What We Cover in This Episode:
- Why revenue management is proactive, not reactive
- The difference between bookkeeping and revenue management
- What your booking window is and why it’s the key to your pricing strategy
- How to use the green, yellow, red system to know when to adjust rates
- Why being the first to book can mean you’re underpricing
- How to maximize demand and avoid unnecessary discounts
- The best ways to pull pricing levers before lowering rates
Resources & Links from This Episode:
- Start optimizing your pricing today | Try PriceLabs FREE for 30 days
- Subscribe on YouTube | Boost Airbnb Income with these 4 EASY Upsells!
If you’ve been feeling stuck on pricing or unsure when to adjust your rates, this episode will give you the confidence and strategy to take control of your Airbnb’s revenue.
Mentioned in this episode:
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Hostfully | Go to https://www.hostfully.com/tfv and use TFV100 to get $500 off your subscription.
Fido | Visit getfido.com/tfv & get your first month free!
Extenteam | Receive 20% off the first 2 months with Tailwind!