Study: Top vacation spots where short-term rental prices jump the most in the high season - Bankrate
Summary
This Bankrate study analyzes the vacation rental market, focusing on locations with the largest price increases during peak season. Understanding seasonal price jumps is vital for hosts to optimize revenue. Hosts can leverage this data for strategic pricing and maximize their profitability by adjusting rates in response to market demand.
Key Insights
- •The article likely contains data on specific locations where STR prices experience the most significant increases during peak seasons.
Action Items
- ✓Review your pricing strategy to determine whether seasonal adjustments should be implemented.Effort: lowImpact: medium
Tools & Resources
- →Bankrate: The article references a study by Bankrate.(bankrate.com)
More from Pricing & Profitability
This article discusses Kansas City's high occupancy rates compared to other World Cup host cities, raising questions about the effectiveness of efforts to increase short-term rental availability. It implicitly touches on market trends and the impact of major events on the STR market. The article likely explores whether increased rental supply can meet demand while analyzing the city's approach to STRs.
Realtor.com's report on best mountain towns for Airbnb returns reveals key locations for STR investment. The analysis likely includes data on occupancy rates, ADR, and RevPAR to identify profitable markets. Understanding these trends helps hosts optimize pricing strategies and choose lucrative destinations.
Airbnb is offering a $750 incentive for some hosts in Georgia during the FIFA World Cup, potentially boosting occupancy and profitability. This program seeks to capitalize on increased demand from the international event, offering financial benefits to participating hosts. Learn how to qualify and leverage this incentive for your STR.
Curated by Learn STR by GoStudioM