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by jobigoud 2514 days ago
> a hotel room price can change to 4x its normal price in case of special event in a city

Airbnb also encourage hosts to enable what they call Smart Pricing. The host define a min and max price and the algorithm autonomously determines a price based on supply/demand for similar listings and other parameters. The bracket can be very wide, on my listing they suggest min/max to be 35€ and 150€, while we actually rent the high season at 60€.

I guess in case of a specific event and all Airbnbs in the neighborhood are booked, you could also have a 4x multiplier sometimes.