Our dynamic pricing tool Smart Rates uses sophisticated short-term rental data to optimize your listing's earning potential.
Once you have onboarded your listing to your AirDNA account on the My Properties page, you will have access to our Smart Rates feature, where you can utilize suggested nightly rates to align your short-term rental strategy. We generate these rates by looking at the historical performance of your listing on Airbnb, as well as the historical performance of comparable properties to your own. These properties are selected based on how close they are to your listing geographically, and how similar they are in the number of bedrooms, bathrooms, and guests they can accommodate to your own property.
Multiple elements need to be taken into account when pricing your listing accurately, such as seasonality and lead time to name a few. We factor these into our Smart Rates to give you the best rate for your listing on any given day.
You can adjust the Smart Rates to follow the pricing strategy that you wish to utilize in the sidebar. Choosing either the conservative, balanced, aggressive, or custom base rate will change the suggested rates in the calendar view.
You can access Smart Rates for your listing with a paid subscription, where you will be able to see each date for the next eleven months. You can also utilize them with a registered free account in which you can see the next 30 days.
Onboard your property here!