Loving your videos! Timestamp 6:17 about what the market is booking at: How do I find that metric? Does Pricelabs have that metric somewhere? Or do you need to get that info from somewhere else?
Overbooking and revenue management for occupancy are good to break even and pay debt, once you are debt free you are much better not lowering prices and getting 60/80% ocuppancy but with better quality higher paying guests. Thanks for posting!
That’s part of the flexibility concept, if you’re getting booked you don’t have to lower your price, but I aim to 100% occupancy in the next 7 days, having a pricing strategy helps with that
You are the best at what you do. You should do a book tour. I have a feeling people would come see you speak in person. I went and saw Malcom Gladwell and I would rather have gone to see you.
50% of my standard rate will not cover my expenses! And any rate even slightly about standard rate would NEVER get booked! Seems to me that if an owner cannot start out with expenses exactly right, you’re not going to get booked or make any profits regardless!
![ARGENTINA vs. PERÚ [1-0] | RESUMEN | ELIMINATORIAS SUDAMERICANAS | FECHA 12](http://i.ytimg.com/vi/xtI25ENDDSY/mqdefault.jpg)
If you liked this video, you'll love my pricing playlist ☞ ruclips.net/p/PLaPi5if-1z-dfYerx_TkGhcXPD2rZJqG5
Loving your videos! Timestamp 6:17 about what the market is booking at: How do I find that metric? Does Pricelabs have that metric somewhere? Or do you need to get that info from somewhere else?
Overbooking and revenue management for occupancy are good to break even and pay debt, once you are debt free you are much better not lowering prices and getting 60/80% ocuppancy but with better quality higher paying guests. Thanks for posting!
That’s part of the flexibility concept, if you’re getting booked you don’t have to lower your price, but I aim to 100% occupancy in the next 7 days, having a pricing strategy helps with that
can you share your price labs settings please. thanks
You can find a playlist dedicated to pricelabs in my channel
You are the best at what you do. You should do a book tour. I have a feeling people would come see you speak in person. I went and saw Malcom Gladwell and I would rather have gone to see you.
Thank you so much! Who knows maybe some day
Could you do a video on my gatlinburg cabin? Very curious to see what you think
What’s your Airbnb listing?
Thanks for this brother
No problem!
Does abnb let you change your price?
Yes but I always do it via PriceLabs
Great content. Thanks
Thank you !
Buenas. Tu libro se encuentra en español?
Si, en mi página web puedes encontrar mis dos libros, al momento de agregarlos al carritos puedes escoger el idioma
50% of my standard rate will not cover my expenses! And any rate even slightly about standard rate would NEVER get booked! Seems to me that if an owner cannot start out with expenses exactly right, you’re not going to get booked or make any profits regardless!
Yeah, this is starting with the assumption that you have your expenses right. Many investors fail because they make the wrong purchase