Uncertain Economy Contributes to Slow Summer Rental Bookings - The Vineyard Gazette
Summary
This article discusses a potential slowdown in summer rental bookings due to economic uncertainty. Hosts should monitor their pricing strategies and booking pace to adapt to market conditions.
Key Insights
- •The uncertain economy may be impacting summer rental bookings.
Action Items
- ✓Monitor your booking pace and occupancy rates to adjust your pricing strategy.Effort: lowImpact: medium
- ✓Conduct market research to understand current ADR and RevPAR in your area.Effort: lowImpact: medium
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