Guests are Happy to Pay More For “Gap Nights”
Summary
AI-generatedLearn how to identify and capitalize on 'gap nights' between reservations to increase revenue and guest satisfaction. This strategy involves offering unbookable days at a discount to adjacent guests, turning potential losses into profit and enhancing guest experience.
Key insights
Offering gap nights at a discount can lead to happier guests and potentially higher ratings, as it provides them with a longer vacation at a reduced cost without incurring additional housekeeping fees.
Mistakes to avoid
Failing to address gap nights means leaving potential revenue on the table and missing opportunities to enhance guest satisfaction by offering extended stays.
Tools & resources
AirDNAtool
AirDNA provides data and analytics for short-term rental markets, which can be used to understand average lengths of stay and optimize pricing strategies.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial