The Hidden Revenue Playbook: Make More From Every Guest

HospitableJun 18, 202655m 36s41 viewsScore 85
Pricing & Profitability
intermediate
upselling
revenue generation
guest experience
short-term rental
Hospitable
M

Summary

AI-generated

This workshop teaches short-term rental hosts how to increase revenue beyond just bookings by implementing upsell strategies. Learn to offer services like early check-in, late check-out, pet fees, and local experiences to enhance guest satisfaction and boost income.

Key insights

  • The ideal timing for upsell offers varies: build excitement right after booking, introduce experiences a week or two before arrival, and offer early check-in closer to the stay date.

Mistakes to avoid

  • Allowing pets without charging a fee is a common mistake that misses out on significant additional revenue opportunities, as guests generally expect to pay for pet stays.

Tools & resources

  • Hospitable Upsellstool

    Hospitable's Upsells feature allows hosts to automate and manage various add-on services for guests through a dedicated guest portal.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial