![]() If you do not analyze the vacation rental data correctly, you could be missing out on a lot of profits or you may even accidentally set your price so high that you won’t get enough bookings. These metrics will even help you decide the right price to charge on a specific day of the year. ![]() The AirDNA calculator and their whole suite of related product offerings such as the AirDNA Rentalizer is a powerful platform that comes to the rescue.ĪirDNA is a vacation rental pricing tool that helps you analyze the competitive pricing scenario, demand, and many more metrics. Therefore, knowing what to charge, and when is of great importance. The balance is being competitive AND profitable at the same time.ĭuring a high-demand period, you may be able to even charge as high as four to five times your normal rates. all are important considerations when you are determining the price of the property. Off-peak time, Time of special events, etc. You need to analyze the market and price your VR accordingly. The price needs to be ‘right’ instead of being too high or too low.įurther, your price will vary from time-to-time and season to season. This does not always mean that the lower the price, the greater the number of bookings. To a traveler, it is the most important determinant of whether your property is worth booking or not. Typically, the top concern of most of the people interested in your Vacation Rental property is the nightly pricing.
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