SHARE this post to yourself for the next time your occupancy rates dip.
Summary
In this video, Michael Chang shares five strategies that help him maintain high occupancy rates for his short-term rental properties without cutting prices. These include optimizing listings, adjusting minimum night stays, adding seasonal touches, leveraging dynamic pricing, and targeting repeat guests with exclusive offers.
More from Pricing & Profitability
Suite Capacity projects $3.5 million in gross booking revenue for 2026, signaling growing demand for passive short-term rental income. This highlights the potential for financial success in the STR market. Hosts can capitalize on increasing interest in passive income streams, offering compelling investment opportunities.
Minor Hotels plans a shift towards a partially asset-light model, contrasting with larger groups like Marriott. They'll launch a REIT in Singapore in 2026, aiming to grow their investor base. The company will retain ownership of key properties, including Four Seasons and JW Marriott locations, rather than going fully asset-light. This strategy focuses on what they call 'asset right.'
This article from AD HOC NEWS examines whether Airbnb's asset-light model is still key to its sustained growth. The analysis is timely, given the dynamic shifts in the short-term rental market. The key question is whether Airbnb's business model can adapt to changing industry forces.
Curated by Learn STR by GoStudioM