Can subscription services work for STRs? - PhocusWire
Summary
This article explores whether subscription services can be implemented for short-term rentals. While the details are not fully provided, it suggests considering subscription-based models to enhance offerings. Hosts should explore ways to offer subscription services to guest to potentially increase revenue.
Key Insights
- •The article raises the question of if subscription services could work for short-term rentals, implying there may be an emerging trend in offering such services to guests.
Action Items
- ✓Identify specific amenities or services that could be packaged into subscription offerings for repeat guests.Effort: lowImpact: medium
- ✓Consider researching and experimenting with subscription-based models for your STR to increase revenue and guest engagement (e.g., offering regular cleaning services, stocked pantry, activity packages).Effort: mediumImpact: medium
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