Dynamic pricing is a must-have for every short-term rental host and property manager – but not everyone knows how to use it effectively.

In today's Host Planet Podcast, Shreeja Jamdar from PriceLabs shares five tips to help hosts leverage dynamic pricing to boost revenue and occupancy.

Key takeaways:

• It is vital to understand your market

• You must set the correct base price

• Having a minimum stay strategy is a must

0:52 Tip 1: understand your market

4:49 Tip 2: get your base price right

9:48 Tip 3: set a strategic minimum rate

11:55 Tip 4: adapt minimum stays accordingly

15:15 Tip 5: track performance

Use code HOSTPLANET15 for 15% off PriceLabs: https://pricelabs.co/users/sign_up?referral=HOSTPLANET15

Links:

Host Planet: https://www.hostplanet.club/

James Varley: https://www.linkedin.com/in/jdsvarley/

Shreeja Jamdar: https://www.linkedin.com/in/shreejajamdar/

PriceLabs: https://pricelabs.co/users/sign_up?referral=HOSTPLANET15

Episode to check next:

Airbnb does not want you to listen to Mark Simpson: https://www.youtube.com/watch?v=4B7VBSExRkU&t=11s

The Host Planet Podcast is presented by James Varley – a holiday let investor and property manager who is also the Founder of Host Planet. Before founding Host Planet, James spent 20 years in the media, including almost a decade leading corporate communications for the FIFA World Cup Qatar 2022 organising committee.

Contact the show: [email protected]

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