Pricing Strategy for Room in Shared House

[Kathleane0]

I've been evaluating which days of the week are most and least booked. Since I have a single room for one guest in a shared house so my bookings are all about someone coming for a particular event (only a very few are coming just to enjoy the area) I think that raising the price on heavily booked dates isn't the way to go. I think lowering the price on the day before and the day after these heavily booked dates may encourage someone to stay longer. I'm putting this out to the community to see what ya' all think.

[Elisa]

Hi @Kathleane0 😊, 

thank you for asking this question here!

What days of the week are most or least booked for you?

I’m also tagging a few other hosts in case they have suggestions to share: @Tara0, @Oksana127, @Dave-and-Deb0, @Karen114 and @Guy991.

Thank you in advance everyone!

Warm regards ‌🌻‌,

[Tara0]

Hi @Kathleane0 I would look at all the similar listings in your area and base your event-date pricing on that - e.g. if your listing is nicer and/or has better amenities than others (which looks likely!) then charge a bit more than they do for event dates, etc.

If the general booking pattern is that guests tend to stay only on event dates, then yes, it sounds like a good idea to offer a lower rate either side to try to encourage a longer stay. 

Also, a few comments re your listing.

- Mention female-only in the first or second paragraph. Ditto Wifi and free parking on premises (some guests don't read the amenity list). 

- Add a photo of the outdoor seating/table. (I don't get a sense of the outdoor area).

- Lose at least half the clothes hangers. Nobody needs that many!

- Take a new photo of the bed without the boxes underneath, plus a couple more photos giving a sense of the whole bedroom.