The Real Revenue Opportunity Behind “Small” Holidays
Summary
This article discusses how "hidden holidays" (not Thanksgiving or Christmas) can create significant revenue opportunities for short-term rental hosts. It emphasizes that minimum stay rules are often more impactful than nightly rates in maximizing revenue during these periods and offers strategies for different market types.
Key Insights
- •Hidden holidays create demand patterns that many operators overlook, presenting outsized revenue opportunities.
- •Minimum stay rules often matter more than pricing on holidays.
Action Items
- ✓Rethink how minimum stay rules interact with holiday demand, guest behavior, and booking patterns in your market.Effort: lowImpact: medium
Tools & Resources
- →PriceLabs: Explore how to implement holiday strategies inside pricing tools like PriceLabs and Wheelhouse.
- →Wheelhouse: Explore how to implement holiday strategies inside pricing tools like PriceLabs and Wheelhouse.
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Curated by Learn STR by GoStudioM