A dynamic pricing tool that automatically adjusts nightly rates based on factors like demand, seasonality, and competitor pricing.
Menu
Glossary Term: Pricing Strategy
270 posts
A feature within the Airship platform that analyzes market data, seasonality, and competition to recommend optimal pricing strategies for maximizing revenue from short-term rental properties.
A revenue management approach for short-term rentals that focuses on optimizing pricing and occupancy to maximize profitability, often using data analytics and forecasting tools.
A key performance indicator (KPI) in the hospitality industry, calculated by dividing the total revenue generated from bookings by the number of nights booked.
Charges applied by hosts or property managers for each guest beyond the standard occupancy limit specified for a short-term rental property.
A tool that helps hosts determine a competitive and profitable nightly rate for their short-term rental. It factors in expenses like mortgage, utilities, and cleaning costs.