Tag: Rental Pricing Strategy

Report: Rents pricing out minimum-wage workers across the U.S., Colorado | Denver Post

Report: Rents pricing out minimum-wage workers across the U.S., Colorado | Denver Post

The Washington Post breaks down the report like this: There is nowhere in the country where someone working a full-time, minimum-wage job could afford to rent a modest two-bedroom apartment. And a one-bedroom is available to those low-wage workers in only 22 counties in five states: Colorado, Arizona, California, Oregon and Washington. The report by […]

New measures will see ‘rent register’ created for price… | NewsTalk

New measures will see ‘rent register’ created for price… | NewsTalk

Landlords who breach rent pressure zone caps will face criminal prosecution under new legislation. The Housing Minister Eoghan Murphy has announced a new bill aimed at giving tenants more protection. The Rental Tenancies Act will also introduce a rent register to keep prices down and give the Residential Tenancies Board (RTB) more power. … The […]

‘Dynamic pricing’ proposed for camping, lodging in state parks | Radio Iowa

‘Dynamic pricing’ proposed for camping, lodging in state parks | Radio Iowa

A bill eligible for debate in the Iowa Senate would let state officials charge varying camping and lodging fees at state parks. Senator Dan Dawson of Council Bluffs says it would allow officials to employ “dynamic pricing.” “There are peak times and non-peak times and we have a bunch of great properties and we have […]

A machine-learning approach to inventory-constrained dynamic pricing | MIT News

A machine-learning approach to inventory-constrained dynamic pricing | MIT News

Incorporating inventory constraints A main challenge to adopting Thompson sampling for revenue management is that the original method does not incorporate inventory constraints. However, the authors show that Thompson sampling can be naturally combined with a classical linear program formulation to include inventory constraints. The result is a dynamic pricing algorithm that incorporates domain knowledge […]

Why do D-FW apartment rents vary so much, even within the same complex? | Dallas News

Why do D-FW apartment rents vary so much, even within the same complex? | Dallas News

Like in any industry these days, though, the ability to harvest and process vast amounts of  data allows property managers to get a lot more specific. Large property managers use price optimization programs that constantly take in data about everything from how many apartments are expected to open nearby to vacancy rates across the region. […]

Interview with Appear Here CEO Ross Bailey | Business Insider

Interview with Appear Here CEO Ross Bailey | Business Insider

Bailey had the idea for the business while running his own pop-up. He quit school at 16 to move from his home in Buckinghamshire to London and was involved in several entrepreneurial endeavours before running a temporary fashion stall in Soho to coincide with the 2012 London Olympics. He noticed that people were coming up […]

Opinion: Inside the Senior Living Pricing Conundrum | Senior Housing News

Opinion: Inside the Senior Living Pricing Conundrum | Senior Housing News

You’d think that obtaining senior living pricing would be easy. Finding the price of a good or service is a pretty straightforward process in most markets. In retail, in hotels, in air travel, restaurants, even hair salons, pricing tends to be listed on the item for purchase or on a menu of services that are […]

MarginFuel raises cash in bid to bring dynamic pricing to rental vehicles | Stuff.co.nz

MarginFuel raises cash in bid to bring dynamic pricing to rental vehicles | Stuff.co.nz

Andrew Pascoe, who previously worked for Air New Zealand and has also worked on dynamic pricing models for companies including Interislander owner Kiwirail, now heads MarginFuel, a small Wellington operation that offers a cloud-based product mainly targeting rental vehicles. “Rental car operators have a huge amount of price points live in the market at any one […]

Is Your Vacation Rental Company Set Up for Dynamic Pricing? | VRM Intel

Is Your Vacation Rental Company Set Up for Dynamic Pricing? | VRM Intel

Going from setting rates once a year through a handful of seasons to having rates that change daily has major implications for all levels of the vacation rental organization. Whether using some sort of rules-based system from the property management software (PMS) that changes prices based on occupancy or number of days out or using a sophisticated, third-party revenue management system that changes prices […]

Hertz +11% as Q3 earnings beat estimates on better U.S. pricing | Seeking Alpha

Hertz +11% as Q3 earnings beat estimates on better U.S. pricing | Seeking Alpha

Hertz (NYSE:HTZ) +11.4% after-hours as Q3 earnings comfortably beat analyst estimates, as higher revenues and better pricing offset canceled reservations in parts of the U.S. hit by hurricanes. HTZ says U.S. total revenue per day rose 2% in Q3, driven by strategic pricing actions supported by new revenue management tools and favorable customer and fleet […]