Pricing or booking policies

[Estrella Carolina Mckinney]

During the holiday season, we strategically adjust our pricing and booking policies to accommodate the high demand for Christmas and New Year's vacations. Our goal is to offer competitive rates and booking flexibility to provide our customers with the best experience during these special dates.

Tell me about how you do it? any recommendations?

[Daniel Bourdeau]

Quote from @Michael Baum:

Right now we do a flat rate for every day. I price things competitively and adjust yearly as needed.

I personally hate variable rates when I am looking for a place. Always bugs me.

I am thinking about doing variable rates sometimes, but not sure yet.

 You're definitely leaving money on the table using this strategy. Weekdays have significantly less demand than weekends - I charge about double for weekends that i do for weekdays, and have a bell curve for what my average rate is per month across the whole year

From a guest perspective, they often have no idea that I use variable rates. AirBnB in particular only shows guests the average per night, not the individual day prices, and I can round my rates such that they end in a 0 or 5.

Sure, as a guest I'd rather book a place that naively forgets to upcharge for christmas, but as a host I realize that people will pay more, and they do!