Pricing
32% of hosts struggle with vacation rental pricing.
1
Play With Pricing
According to LearnAirbnb, a good rule of thumb is to raise your prices until you have between 75-90% occupancy for the next 2-4 weeks, but only 50% occupancy for 8-10 weeks out. To increase last-minute bookings for the current week, decrease the prices for only Sunday nights.
2
Charge for Extras
Charge for extra beds and extra guests (in fact, 44% of hosts charge for extra guests). Also, it is reasonable to have a security deposit (59% of hosts require one).
3
Wear Your Marketing Hat
Look out for local events, seasonality and competitors. Most hosts change prices depending on the month and 48% with respect to local events.