Problem: The dynamic pricing algorithm can unexpectedly lower rates for major holidays (e.g., Christmas) even when they were previously set high and the dates are far in the future. This leads to bookings at rates significantly lower than the host's normal minimum or expected holiday premium.
Current Workaround: Hosts must manually set and lock prices for holiday dates to prevent the algorithm from lowering them.
Impact: This creates a lack of trust in the dynamic pricing tool and can result in significant revenue loss for hosts during the most profitable times of the year.
Proposed Solution: Improve the algorithm to recognize and maintain premium pricing for major holidays, ensuring that once a holiday premium is established, it doesn't drop unexpectedly.
Unlock: Hosts will be able to trust the dynamic pricing tool to handle holiday premiums automatically without needing to manually monitor and lock every single holiday date.
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About 5 hours ago
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New
π‘ Feature requests
About 5 hours ago
Get notified by email when there are changes.