Step By Step: Increase Vacation Rental Income - Part 2
Step By Step: Increase Vacation Rental Income - Part 2
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Separate Basic Stay From Premium Amenities
Separate Basic Stay From Premium Amenities
Total price of your listing includes many different items. It is possible to define Basic Stay to be able to lower your listing price on the platforms. Basic Stay should include only amenities that are in line with other host's offerings for your area and what will be used by all guests.
Leverage Host Community to Stay Informed on Prices
Leverage Host Community to Stay Informed on Prices
When it comes to pricing amenities especially for premium amenities like firewood or local sustainability goods, or time savings amenities like transport from travel hubs, Hosts know best. Stay connected to the Host community to understand what is a premium item or experience and for your area or type of property.
Use Intermediaries for New Guests Only
Use Intermediaries for New Guests Only
Use the opportunity to invite your trusted guests to communicate directly to you when it's time to come back. Give them great reviews. Now that you know their lifestyle and needs you can repeat the great experience again!
In Summary
In Summary
Use Basic Stay and Premium Amenities as levers
Use Basic Stay and Premium Amenities as levers
Stay tuned to what other Hosts offer as Premium Amenities
Stay tuned to what other Hosts offer as Premium Amenities
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