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Why the Airbnb Calculator Sets Prices of Airbnb Listings Too Low | Get Paid For Your Pad

Airbnb released a new tool to help their hosts improve their listings: the Airbnb calculator. Pricing is by far the most complicated aspect of Airbnb hosting. How do you know what the optimal price is?

Ideally, you want to set prices high when demand is high (in the high season, during special events for example) and low when demand is low. Problem is, how do you know what the demand is and how much should you adjust?

Up until today, the only option for Airbnb hosts to improve their pricing was to sign-up with automated pricing apps like Everbooked and Beyond Pricing. These apps connect directly to your listing and update prices on a daily base, according to estimated local demand.

Airlines and hotels have entire departments with mathematicians and data analysts to calculate the prices they charge. As an Airbnb host, you’re in the dark and most hosts end up setting the same price for every day of the year.

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Why the Airbnb Calculator Sets Prices of Airbnb Listings Too LowGet Paid For Your Pad.