Pricing a New Vacation Rental Property 🏁 Getting new properties As a property manager, growing your inventory is one of the primary drivers of increasing your company's revenue. However, attracting these properties is a unique endeavor of its own. So [...]
Revenue Analytics: Process Your Revenue Data the Right Way 📌 Revenue Processing Before looking at revenue forecasts, trends, and year-over-year positions, it is critical to understand how to read STR revenue numbers and how they come about. Technology providers collect [...]
The End of Base Price: A QuibbleRM Case Study Revenue Management The process of adjusting prices to better match demand is called revenue management and is a form of price discrimination. It is a practice widely used today to increase [...]
Pricing, forecasting, and benchmarking: Master the two primary sources of competitive data Competitive data in the short-term rental market gives managers answers to important questions regarding their pricing strategy. This type of data is also used in revenue management and pricing [...]
Q+A with Pricing Experts Neal has a background in airline pricing and has recently launched Quibble, a dynamic pricing solution for short-term and vacation rentals. Anurag is the co-founder of PriceLabs, a revenue management tool for the vacation and short-term rental industry. Be [...]
Dynamic Pricing vs. Pricing Setting a Price There are numerous ways that firms can decide to set prices for their goods and services. If a seller has perfect information about the marketplace, the decision is quite simple. They can calculate all the possible prices [...]
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