How I analyze short term rental market data

Описание: We started hosting guests at our beach house, and then local supply blew up AND the recession started. In this video I walk through how to use pricelabs to review market metrics and come up with pricing strategy. There are other programs for data analytics, but I’ve found pricelabs reliable and easy to use for this sort of data- feel free to sign up for a trial to see if it suits your needs. $10 credit with this link https://pricelabs.co/users/sign_up?re...
(AirDNA also has a free dashboard, with option to pay for more features. Benefit is this has ALL markets: https://invite.airdna.co/Lydia-Patel1

MY TOOLS:
My Clickup operations dashboard and template (Vacation Venture Vault): https://lydiapatel.com/vacationventur...
Short term rental calculator (free): https://lydiapatelll.ck.page/calculator
Setup guide downloadable (free): https://lydiapatelll.ck.page/how-to
Airbnb hosting with me as your ambassador: https://www.airbnb.com/rp/lydiap12302


TABLE OF CONTENTS:
0:00 intro
0:59 market dashboard metrics review
20:35 my interpretation of the market data
22:35 dynamic pricing review
28:45 potential customer research
33:56 thoughts on pricelabs
34:43 does it always take this long???

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For automating messages to guests/cleaners and syncing calendars across Airbnb/VRBO, I use Hospitable, and here's $30 off: https://hospitable.com/?grsf=htt7vt
For funding the setup cost: Amex blue card with 0% apr for the first 12 months: https://americanexpress.com/en-us/ref...
Novo (fee free biz checking, awesome interface and app): https://novo.pxf.io/6ePnmE

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Gear:
DSLR camera: https://amzn.to/42yAeWK
Wide angle lens: https://amzn.to/3CqBosJ
Microphone: https://amzn.to/3qGbFKc

Business inquiries: [email protected]
IG: ‪@lydiapatelll‬

Please note the above links are affiliate links- if you click on them, I get a small commission at no cost to you. None of the content is sponsored and all opinions are my own. Thanks for your support! :-)

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#shorttermrentals
#airbnbtips #airbnbpricing
#dynamicpricing


‪@PriceLabs-DynamicPricing‬