Our previous article explored how Base Price Models work — the industry-standard pricing model for short-term rentals. It's a reliable, scalable model that makes your nightly rates fluctuate with the market. What it doesn't do is optimize pricing for maximum revenue. That's where this article picks up.

Base price models are currently the industry standard in dynamic pricing for short-term rentals.  The primary reason this model is so popular is that it is simple and scalable.  It is simple regarding the math involved in setting the price, there are no probabilities or advanced statistics required