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Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.
A listener asks:
I already use dynamic pricing strategies in my business right now. I see that Airbnb is making some changes to their fees. The host fee for me is going up from 3% to 15% and the guest is paying nothing. With that in mind, does it still make sense for me to use dynamic pricing tools?
(00:01:16) Airbnb Hosting Fees vs. Dynamic Pricing Tools
(00:02:26) Make Thorough Bookkeeping a Priority for Your STR Business
(00:04:05) Why We Recommend PriceLabs Dynamic Pricing Software
Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, submit your burning hosting questions at: hostinghotline.com.
Resources:
• Check out PriceLabs: Start your 30-day free trial
• Video: Dynamic Pricing Software for Airbnb & Short Term Rentals
• Airbnb Essentials Checklist: hostchecklist.com
Thanks for Visiting is produced by Crate Media.
Mentioned in this episode:
Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!
HBMM | Sign up today at hostmasterclass.com.
Quiz | Take our quiz to reveal your hosting personality style!