We take a look at Sydney Airbnb occupancy from 2014 to help illustrate the best strategy to optimize pricing for Airbnb hosts in the Australian capital.
High Season: November-March
Low Season: May-June, September-October
Major Events: International Food Festival, Harbour Party, Sydney Festival, Australia Day, Royal Easter Show, Design Week, Winter Festival
Sydney’s weather is like that of Los Angeles, pleasant year-round. November through February is by far Sydney’s busiest time for tourism (the complete opposite of most major cities in the United States), attracting millions during its summer months with amazing weather and events such as the Harbour Party, Sydney Festival, Australia Day, and Tropfest all occurring during this high-season. Beyond Pricing's algorithm accounts for this demand and automates your pricing to make sure you are capturing all available revenue during these months of increased demand.
For more pricing strategy specifically for the Sydney Airbnb market, check out our "How to Price Your Airbnb in Australia" deck on Slideshare.