Lodgify Webinar: U.S Vacation Rental Trends & Tips for 2022 Peak Season
Summary
AI-generatedThis webinar explores US vacation rental trends for 2022 peak season, highlighting expected growth in average daily rates and longer stays. Hosts will learn actionable strategies to boost profits through direct bookings and optimized pricing.
Key insights
Average daily rates (ADR) in the US vacation rental market are projected to increase by 23% in Q2 2022 compared to Q2 2021, with direct bookings showing a higher growth rate (36%) than OTAs (20%).
Mistakes to avoid
Not adjusting rates upwards when competitors are hiking prices can lead to lost revenue, as hosts may leave money on the table during peak demand periods.
Tools & resources
Beyondplatform
Beyond is a leading revenue management platform that optimizes pricing strategies to help hosts boost revenue.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial