Pricing your short-term rental is essential, but it can be difficult if you're not familiar with the process. It is a balancing act of trying to get the best possible occupancy rate, and not leaving money on the table.
There are lots of pricing software available in the market that you can use to help you figure out what's right. We've found that most pricing software these days are high quality (my personal favourite would be PriceLabs). The issue is, given the present circumstance when the market is still in recovery mode from COVID-19, pricing software can be expensive and rather advanced.
To help out, we've created the Queensland Airbnb Market Dashboard, free for Kimosabee blog members. Although not at the same functionality of most pricing software, this dashboard will give you accurate data to help you make pricing decisions for your Queensland-based STR. We at Kimosabee have carefully collected and analysed over 80 million data points directly from Airbnb and converted them into an easy-to-use dashboard, that gives you a visual overview of the data as well as options to drill down into specific data.
With time, we will improve and create additional data dashboards for you.
Here's how to access the dashboard:
In the Kimosabee blog menu, sign up with your name and email address (don't worry, we won't spam you)
Once you're logged in as a Kimosabee Blog member, navigate to the menu again and select the Queensland Airbnb Market Dashboard page
On the dashboard, select the criteria and options you'd like to see displayed
If you have any questions about the dashboard or have any suggestions, feel free to get in touch.