Vrbo’s Rolls Out New Promotions Suite: What Managers Should Know - RSU by PriceLabs
Summary
VRBO's new Promotions Suite is designed to provide hosts with more flexibility in attracting guests. The suite offers tools for creating and managing discounts, seasonal promotions, and last-minute deals. This update allows for more dynamic pricing strategies, potentially increasing occupancy and revenue. Hosts should familiarize themselves with these features to maximize their booking potential.
Key Insights
- •VRBO has launched a new Promotions Suite, offering tools for creating and managing discounts and promotions.
Action Items
- ✓Familiarize yourself with the new features of VRBO's Promotions Suite to optimize your pricing strategies.Effort: lowImpact: medium
- ✓Experiment with seasonal promotions and last-minute deals to boost occupancy.Effort: mediumImpact: medium
Tools & Resources
- →VRBO Promotions Suite: The article mentions VRBO's Promotions Suite.(vrbo.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