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Reservations, competitiveness, and occupancy rates all rely heavily on two factors: Rates and Distribution. To ensure your home or unit is converting quality guests it needs to be listed on the correct channels, at the appropriate price, and at the right time. This is where dynamic pricing and distribution channels play a large part. In this article we will discuss how dynamic pricing works and the channels your homes are listed on.Vacation Rental Dynamic PricingThe days of changing rates due to a season or yearly are days in the past in the vacation rental industry. To adhere with supply and demand, as well as staying competitive in your market, owners need to change their rates based on many factors such as holidays, week days, weekends, promotional specials, and high occupancy trends.... Read More
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