How to Attract Mid-Term Stays with Nestpick

Get Paid For Your Pad
Published: December 6, 2021
Growth & Marketing

Summary

This article discusses Nestpick and Sublet.com, platforms specializing in mid-term rentals (30 days to a year) that can be more profitable than long-term unfurnished leases and have lower operating costs than daily stays. Hosts can leverage these platforms to cater to remote workers and digital nomads and potentially benefit from lower service fees.

Key Insights

  • Short-term rental hosts should consider offering mid-term leases because they can have a better yield than unfurnished long-term leases and much lower operating costs than daily stays.
  • Nestpick targets mid-term stays of more than 30 nights but less than a year, serving expats, corporate travelers, international students, and digital nomads.

Action Items

  • Consider adding your properties to Nestpick or Sublet.com to attract mid-term stays.
    Effort: low
    Impact: medium

Tools & Resources

  • Sublet.com: Sublet.com
  • Nestpick: Nestpick and Sublet.com

Related Videos

More from Growth & Marketing

Airbnb Launches New Host Bonus as World Cup Travel Demand Builds - westsidecurrent.com

Airbnb is launching a new host bonus as travel demand surges for the upcoming World Cup. This strategic move aims to encourage more listings and capitalize on the expected influx of guests. The initiative highlights Airbnb's efforts to prepare for peak season travel and its ongoing support for hosts.

2 days ago75
How this founder is building the ‘Airbnb’ for creative hourly spaces to end the frustration creators face - Indian Startup News

This article discusses the emergence of a new platform designed as an 'Airbnb' for hourly creative spaces. It aims to solve the difficulties creators face when finding and renting spaces. While not directly about STRs, it highlights a potential niche market that could be applicable to hosts considering offering hourly space rentals, indicating a shift towards accommodating creative industries.

2 days ago65
Airbnb promises $750 to lure new hosts to provide homes for World Cup visitors - Houston Chronicle

Airbnb is offering a $750 incentive to attract new hosts to list their properties for the World Cup. This move aims to ensure sufficient accommodation for visitors during the event. This initiative highlights the importance of short-term rentals in accommodating large-scale events and provides a financial benefit for new hosts.

3 days ago85

Curated by Learn STR by GoStudioM