The hotel and airline industry have been monitoring their pricing dynamically for years; every short-term rental operator should be doing the same. The supply and demand in your market changes everyday and so should your prices, but that’s a lot of work right? Not anymore. Let's dig into the basics of dynamic pricing and how you can automate this crucial component.
- You’re leaving money on the table if you’re not using one
- Are you pricing too high or too low?
- How do you price appropriately for events? Seasonality?
- Is your occupancy too high? Is there even such a thing?
For more resources check out restmethods.com