Insight
Although the growth of supply is slowing down, it won't decrease significantly anytime soon due to institutional investors and other factors.
How to create a minimum stay restriction strategy
Summary
This article discusses revenue management strategies for short-term rentals, focusing on the importance of flexible minimum stay restrictions, adapting to changing traveler behavior, and the impact of market supply. Hosts should regularly review their pricing tool's dashboard and consider engaging with potential guests to extend stays to maximize occupancy and revenue.
Key takeaway