We benchmark properties against the market and offer the best pricing to balance occupancy and revenue. Pricing that is too high relative to the market can impact your occupancy and revenue long term. Although it can look enticing to increase pricing based on a few similar listings, our pricing specialists are looking at multiple datasets at the market levels to set pricing.
Watch the full video on Hometime's pricing strategies including how we set nightly rates, how seasonality affects rates, and strategies to increase occupancy here.