HCH Bitesize 002: Dynamic Pricing with Ryan Saylor

Holiday Cottage Handbook

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Welcome to HCH Bitesize – a new podcast series brought to you by Holiday Cottage Handbook and Hostfully!
This weekly show delves into various topics essential to the short-term rentals industry. Episodes feature expert guests from across the STR space who share their insights and practical advice. These industry leaders help listeners enhance their knowledge and build successful and sustainable property management businesses.
Today’s episode features Ryan Saylor, the Director of Product Marketing at Beyond. Ryan shares his top five tips to utilise the power of dynamic pricing for short-term rentals.
1:56 What is dynamic pricing?
2:31 How does dynamic pricing work in the world of short-term rentals?
3:33 The difference between dynamic pricing and manually setting your rates
5:04 The extra revenue a dynamic pricing strategy can achieve
6:32 Tracking demand can be tricky
7:10 Dynamic pricing tip No. 1: do not set it and forget it
8:47 Dynamic pricing tip No. 2: use the right data
10:06 Dynamic pricing tip No. 3: monitor success
11:28 Dynamic pricing tip No. 4: set up a routine
12:33 Dynamic pricing tip No. 5: understand the non-pricing levers
15:03 Find out more about Beyond: https://www.beyondpricing.com/products/why-beyond?utm_medium=seo&utm_source=partner-2024&utm_campaign=holiday_cottage_handbook_2024
Are you looking to streamline your operations and amaze your guests? Look no further than Hostfully! Try their top-rated property management software and award-winning digital guidebooks today. Join the thousands of satisfied property managers who trust Hostfully to grow their business: https://get.hostfully.com/46p7pafubra1
Holiday Cottage Handbook: https://www.holidaycottagehandbook.com/
Hostfully: https://get.hostfully.com/46p7pafubra1
James Varley: https://www.linkedin.com/in/jdsvarley/
Ryan Saylor: https://www.linkedin.com/in/ryan-saylor/
Beyond: https://www.beyondpricing.com/products/why-beyond?utm_medium=seo&utm_source=partner-2024&utm_campaign=holiday_cottage_handbook_2024
Got a comment or interested in being a guest on the show? Email james@holidaycottagehandbook.com.