How to Optimize Airbnb Occupancy Rate (what I do) 2018
Summary
Richard Fertig discusses whether 100% occupancy is always the goal for short-term rentals, arguing that maximizing profitability with the right guests is more important. He aims for 70-85% occupancy to allow for maintenance and attract higher-paying guests. Richard also warns against reducing rates too much to achieve 100% occupancy, which could lead to attracting the wrong guests and increased wear and tear.
More from Pricing & Profitability
Seattle Airbnb hosts are experiencing a surge in bookings due to the upcoming World Cup. This presents a prime opportunity for hosts in the area. Take advantage of the increased demand to maximize occupancy and revenue during this time.
Meliá Hotels' strategy in Spain showcases the potential of premium branding and revenue growth, with net profit rising significantly in 2025. Projections for 2026 anticipate continued growth in RevPAR. However, the company's performance in Cuba underscores the vulnerability of the hospitality sector to external factors and market instability.
Arlington, Texas, is preparing for the World Cup, presenting a potential surge in demand for short-term rentals. Hosts in the area could experience increased booking rates. This could provide an opportunity for hosts to increase revenue through strategic pricing and marketing.
Curated by Learn STR by GoStudioM