How To Price Your Short-Term Rental Part Two: Minimum Night Stays
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How To Price Your Short-Term Rental Part Two: Minimum Night Stays
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On this week's episode of Short Term Rental Management, Luke Carl continues his pricing series by explaining how to pair multiple base prices with customized minimum night stay profiles in PriceLabs to better match seasonal demand. He walks through how he adjusts minimum stays throughout the year, uses date-specific overrides for major holidays, and tailors orphan night strategies based on property size to maximize occupancy without sacrificing revenue. Luke also emphasizes that his recommendations are based solely on his own experience rather than affiliate partnerships, encouraging listeners to customize their pricing strategy to fit each property's booking patterns.
How to connect with Luke:
The Short Term Shop - https://theshorttermshop.com/
Short Term Shop Plus - stsplus.com
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Check out the Short Term Shop on YouTube
For more information on how to get into short term rentals, read Avery’s books:
Smarter Short Term Rentals - Buy it on Amazon
Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties – Buy it on Amazon