Airbnb helps hosts optimize pricing with new tool

A new recommendation tool from Airbnb hopes to help its hosts to get more bookings. The tool is called Price Tips and it shows recent data about demand and how much similar listings are going for. It’s meant to help hosts adjust their prices accordingly based on different times of the year. For example, they can lower prices during low travel seasons or increase the rate a bit. It won’t guarantee an increase in bookings but it’ll at least keep you in the know. The feature is expected to roll out gradually beginning today.

Source: The Next Web