Implementing techniques and tactics to increase revenue per available rental night, including dynamic pricing, minimum stay requirements, and upselling.
Glossary Terms
Providing outdoor entertainment options for guests, such as cornhole, badminton, frisbees, or a designated play area, to enhance their experience.
Offering curated experiences that combine short-term rental stays with yoga classes, wellness activities, and local excursions.
The process of compiling and analyzing financial data, including income, expenses, and taxes, related to short-term rental operations for the year.
Actively monitoring and responding to reviews on Yelp, addressing concerns, and leveraging positive feedback to enhance reputation and attract bookings.
Providing amenities and features specifically catered to families with young children, such as high chairs, cribs, and childproofing measures.
Tools and platforms designed to automate and optimize pricing strategies for vacation rentals based on market data and analytics.
Utilizing a YouTube channel to showcase the property, local attractions, and travel tips to attract potential guests and build brand awareness.
A proactive approach to property upkeep that involves regular inspections, repairs, and preventative measures to avoid costly issues and ensure guest satisfaction throughout the year.
The process of adjusting rental prices based on factors like seasonality, demand, and competition to maximize occupancy and revenue.
Providing exceptional support and responsiveness to guest inquiries, requests, or issues throughout their short-term rental experience.
Additional conveniences provided in a short-term rental specifically for guests booking longer stays, such as laundry facilities, a fully equipped kitchen, or a workspace.