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We've been an airbnb host with multiple properties for a few years now in Austin. We've done our own version of dynamic pricing (manually), and the graph highl
by bkohlmann 11y ago
We've been an airbnb host with multiple properties for a few years now in Austin. We've done our own version of dynamic pricing (manually), and the graph highlighting Austin in the article is spot on. The "Pricing Tips" tool has a long way to go, but its relatively close (within 20-30 percent). It still hasn't caught some of the big events, mostly because it only looks forward 3 months, and for popular events like SXSW, we usually book 4-5 months out at very high prices. That said, big props to ABNB for trying this and putting it out there. Hopefully their algorithm takes into account what humans are actually doing with their own pricing, and using that in it's calculations.