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- Here's How Much You Could Earn by Renting Your Home During the FIFA World Cup - Realtor.com
Here's How Much You Could Earn by Renting Your Home During the FIFA World Cup - Realtor.com
Summary
This article discusses the potential earnings hosts can make by renting their homes during the FIFA World Cup. Hosts should research their local market to understand demand and adjust their pricing strategy to maximize profitability during this event.
Key Insights
- •The article likely discusses the potential for increased ADR and occupancy rates during the FIFA World Cup due to the influx of tourists.
Action Items
- ✓Research the local market demand for accommodations during the FIFA World Cup. Analyze historical data, competitor pricing, and local event schedules to understand occupancy and set optimal pricing.Effort: mediumImpact: high
- ✓Implement a dynamic or seasonal pricing strategy to capitalize on increased demand during the FIFA World Cup. Consider using pricing tools to automatically adjust rates based on demand and booking patterns.Effort: mediumImpact: high
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


