Short-term rental rates feel like guesswork and I’m losing revenue
I keep second-guessing my nightly rate. If I price high, bookings slow down; if I discount, I fill the calendar but my profit doesn’t match the effort. Holidays, local events, and weekdays all change demand, and I can’t watch it daily. For anyone using pricing tools or managers, what rules actually improved occupancy and net income?
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Seasonality can wreck averages, so I’d track three numbers weekly: booked nights, average daily rate, and revenue per available night. Then adjust only one lever at a time so you know what worked. If you want an example approach, Dynamic Pricing Management https://propertymanagement.rentals/ could be a reference point—see if it fits.