Charge Premium Rates by Hosting Bachelorette Parties

Charge Premium Rates by Hosting Bachelorette Parties

over 3 years agoScore: 78
Pricing & Profitability
Pricing Strategy
Market Research
Guest Communication
House Rules
Problem Guests

Summary

This article discusses how hosts can target the bachelorette party niche to charge premium rates for their STRs. It explores strategies for gathering data, setting expectations, screening guests, and implementing policies to ensure successful and profitable bachelorette party bookings. Hosts should consider the advice given to tap into this lucrative niche to boost their revenue.

Key Insights

  • Bachelorette weekends are an expanding short-term rental niche where you can charge premium rates.

Action Items

  • The 4 questions Kent and his team use to vet their guests (and screen out problems) and the critical policies you need in place if you want to host bachelorette parties.
    Effort: low
    Impact: medium
  • Paying attention to the smallest details makes the most impact in the girl getaway niche and how to bring your vision for your properties to life to give your guests an unforgettable 5-star experience.
    Effort: medium
    Impact: high

Tools & Resources

  • Le Solei Girls trip @Spa de Solei and Lindsey Petersen Collections: Le Solei Girls trip @Spa de Solei and Lindsey Petersen Collections.
  • Get Paid for Your Pad podcast: Listen in as Kent shares the 4 questions he uses to screen out problematic guests and the policies you must have in place if you want to successfully host girls weekends at your Airbnb properties.
  • STR Accelerator and Legends X STR Mastermind: STR Accelerator and Legends X STR Mastermind.

Watch Out For

  • Bachelorette parties can also come with some very BIG drawbacks such as noise complaints and destroyed property.

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