Pricing with AirBNB and Pricelabs

[Eric Garcia]

So I'm looking at the Neighborhood Data for my listing in Pricelabs. It shows Future Occupancy 30 days out as 60% and 60 days out as 40%. My listing is 84% booked for the next 60 days. I'm obviously happy with that Occupancy Rate and I am also happy with the Average Daily Rate but am I leaving money on the table? I could stay the course or I could increase pricing knowing that my OR% will likely drop. What would you do?

[John Underwood]

I would saynyes you are likely leaving money on the table. I price mine on the high side so many of the cheaper options will book up faster.

This also goes to show automated pricing and Airbnb data should be be double checked manually.