In the short-term rental industry, discount codes (or promo codes) are often viewed as a simple marketing gimmick. But treating discount codes as a core component of your revenue strategy is essential for maintaining rate integrity while maximizing your total yield.
A major local event is the "gold mine" of the short-term rental calendar. However, the question for revenue managers is not whether to raise rates, but by how much.
This guide breaks down the data-driven framework for inventory allocation to help you maximize your RevPAR (Revenue Per Available Room) while maintaining a healthy channel mix.
Finding the right "buffer" or discount margin is a balance of protecting your property's value while ensuring you don't lose the night entirely. This guide outlines the strategic framework for setting last-minute margins using current industry data and behavioral logic.
Deciding when to hold your ground on pricing versus when to chase occupancy is the hallmark of a sophisticated short-term rental strategy. This guide explores why leaving gaps can occasionally be the most profitable move you make.
How property managers and revenue managers prioritize occupancy and ADR in the short-term rental industry.
How to decide the best pricing strategy for your short-term rental properties.
When should you adjust your revenue strategy across your short-term rental portfolio?
Learn how to adapt your revenue management strategies at different times of the year.
During Taylor Swift's Eras Tour, Park Place Property Management leveraged their Airbnb pricing strategy and Wheelhouse's powerful dynamic pricing technology to help one of their clients earn almost $6,000 from a single event. Read more to learn how.
A guide on leveraging cutting-edge tools from Park Place Properties and Wheelhouse with proprietary reservation data to craft a data-driven Airbnb pricing strategy tailored for your specific property.
Discover how Travelnest achieved 60% higher booking value using Wheelhouse's dynamic pricing. Learn about their success and implementation details.
