People usually have more time to travel during major holidays, such as The Fourth of July, Thanksgiving, Christmas, and New Year’s. Families, in particular, can schedule their vacations around not just the holidays, but the school calendar (spring and summer breaks). When preparing your vacation rental properties for peak and off-seasons, don’t forget about holidays.
Holidays offer a huge opportunity for vacation rental managers and owners to maximize their revenue. Find out how to boost holiday bookings and profits, with these four tips from BookingTeam.com.
1. Offer exclusive deals and promotions.
For holidays that may not be as busy, increase your booking rate by offering special promotions. These can go beyond the typical 10% off one night discount. For example, for Mother’s Day, you could offer one free trip to a local spa or salon when guests book with you. However, make sure to customize your promotion to the specific holiday. A property that is marketed as a couple’s retreat with complimentary tickets to a romantic four-star dinner and boat ride probably wouldn’t work for a family Thanksgiving
2. Accommodate for groups.
Most people travel for the holidays with family or larger groups. Adding a simple pull out bed or other extra bed accommodations for guests at a little extra cost can attract holiday crowds.
However, you may want to set a maximum occupancy limit. If you do, make it absolutely clear in your listings, property descriptions, during the booking process and check-in. This will avoid any confusion and frustration later on.
3. Create holiday-themed packages and activities to do.
When considering which locations to go on holiday, some guests might not know everything that the surrounding area has to offer. By acting as a local insider, you can enhance the guest experience and attract holiday travelers. If there is a local festival, include the specific dates in your listing description and in a welcome package for guests. You can also partner with local businesses and offer custom-designed experiences like day trips to local tourist attractions or fun activities like kayaking, rock climbing, snorkeling, skiing, etc.
4. Set optimal pricing rates.
Holidays can bring in a lot of revenue if you are pricing right. For example, major holidays such as the Fourth of July, Thanksgiving, and Christmas can generally be priced at a higher rate. You can also require longer minimum stays to maximize the profit potential.
Although, you need to consider location. A destination Christmas holiday in Florida may not warrant a price hike. (Unless you offer a highly customized and luxurious experience.) For many travelers, it’s all about the “snow, white Christmas” experience, so properties in the snowy mountains of Montana or Colorado can bring in double or triple their peak rate. How can you tell when to adjust your holiday rental pricing and by how much?
BookingTeam.com works with smart tools like PriceLabs, to help property managers and owners find and set prices that will increase bookings and maximize revenue. Find out more about our platform and how our team can help you manage everything from pricing to listing your properties.
Good tips that will help firms in the leasure / holiday industries better relate with customers...doing a good job @bookingteam.com , keep it up, upvoted.
I always enjoy your posts @BookingTeam.com! You deserve an appreciation post from another influencer for being so consistent! Hope you're having a fantastic day!
Nice job, holiday, holiday holiday. Your post is very informative. Weldon, upvoted
Holidays are began than lets enjoy. God bless u
4th of july and it's discount time !
Yayyy , 10% is a great discount for classy rental rooms.
People will surely enjoy it and will have benefits from this discount .
Thank you @bookingteam.com for such a lovely gift for us.
God bless you
Great post! Very Informative!
@bookingteam.com thank you so much for sharing this post very informative one.............upvote+follow you
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Leiden is a great place to visit, and you can book a cheap accommodation from hostelworld.com @bookingteam.com
It's time for my vacation ☺️👍
Holidays in Barbados through bookingteam.com sounds like a plan! Roll on christmas!!
Great post
informative
thank you for sharing
Great advice in general though, thank you for sharing!
HAPPY FOURTH EVERYONE !!
Thanks man for sharing this informative post helpful for me because I'm planning for holidays.
@bookingteam.com thx for the tips!
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All the best :)
Awesome tips you have here @bookingteam.com. You really know the ways, the ins and outs to be efficient and to maximize revenue.
Just a minnow here, i'd have to backtrack your posts for fantastic ideas and information.
*From the Philippines with love.
Keep on steemin'! :)
Awesome work sir, it will help me a lot. keep it up. upvoted.
Is it as easy as this in european or asian countries?
As always thank you for the great tips :)
Happy independence Day America - today i do not expect a lot of business calls so can go home early :-)
Thanks for the tips, its indeed a money as well as time saver, your posts are helpful as always.
Very helpful, thanks for this article! I invite u also to my blog about Yucatan adventure, hope u like it, @sava Greetings !
Nice post It’s the 4th of July! How to Maximize Your Vacation Rental Revenue on Every Holiday @bookingteam. Com
Thank you for the amazing tips!
I'm pretty confused I read all these posts on vacation rental but I didn't really understand the meaning of it could someone help me please :)
would you like me to regularely upvote and resteem your posts? i have resteemed once already - i would like you to upvote my posts too -it would really help me to raise my influence and then be able to help others here as well -David
Hahaha!
Nice job!
Nice and helpful post, Thanks for sharing. I like your post and wait for your next post. Upvoted
wonderful Post
Good basic advice for beginners and because of this target audience, I would add that careful planning and contractual obligations review are a must.
Your post represents the beautiful dream and the reality must match it, otherwise, people will be exposed to risks they may not be aware of.
For instance, exclusive deals introduce third parties into the mix, with their Ts&Cs and own product structure. Groups may increase noise and the risk for raves, while partnering with local businesses adds a new layer of risk and the cost-benefits equation must be balanced carefully.
Yes, it is a wonderful, new industry and the sooner we create a solid operational blueprint, the better for everyone involved.
very informative