You’ll want to get data on average daily rate, occupancy rate, revenue, and even market grade if you are looking to launch a new Airbnb in the area. To run a successful Airbnb you’ll want to know the average daily rate of your competitors and see how your vacation rental stacks up against it. #1 Optimize your short term rental for higher nightly rate not occupancy If you are looking to start hosting on Airbnb or looking to optimize pricing of your current listing, then you’ll want to use an Airbnb analytics tool like AirDNA to see what your competition is doing.Īirbnb has a pricing tool built into their system… so why should you spend money on a pricing tool if Airbnb has one already?Īirbnb optimizes for higher occupancy, not for profitability… good for them, not good for you…
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |