In this episode, we discuss one simple strategy you can use to double your price on Airbnb – dynamic pricing. This is where you vary the price of your property based on what is happening in the market. When there is a lot of demand in the market for flights or hotel rooms, hotels and airlines will put their prices up.
Jon shares that software is now available that allows Airbnb hosts to do the same thing. This means that for certain periods of high demand (for instance when big concerts and events are happening) property investors can double the daily nigh rate of their Airbnb.
