When should you offer vacation rental discounts? Getting your rental calendar booked is the top priority for property owners. Here are some helpful tips, including our own unique “Last Minute Deals” and “Make An Offer” tools, that can help. By offering vacation rental discounts, you can easily get your place rented during any season.
Limited Time Offer
Make it clear that you are offering vacation rental discounts and reduced rates for a “limited time”. This will signal to renters that the window for opportunity is short and they have to take advantage quickly or it will go away. Using a website that offers the ability to change your pricing as needed, allows you to make those offers quickly and for any duration you need. This allows you to be creative in your offerings. Maybe you want to advertise for just the weekend or maybe make a Monday through Friday deal. The possibilities are endless.
Last-Minute Deals
Saving anywhere from 20-70% on last-minute deals is just the bargain that guests are looking for in a vacation rental or weekend getaway. As an owner, you might consider this type of discount when you are within 3 weeks of an open week. This is a great way to make sure your vacation property is rented and producing income you otherwise wouldn’t have had while guests are also on the receiving end of a great bargain.
Make an Offer
Everyone loves a bargain. Getting a deal can make you feel like you have found gold. And vacation rental discounts are a great way to entice possible guests. So let’s get started getting those bargains into the hands of guests. One of the most interesting features of VacationAtMyPlace.com is the ability to make an offer for a vacation property. If guests see a listing that they like, they can immediately make an offer online for the property. It’s like a Name Your Price Tool. Today many guests have their vacation dates locked down some six to eight months in advance. As a property owner, would you consider taking an offer from a guest below your stated rate If you could get an advanced booking? Once the offer is accepted by the owner, it becomes an instant booking that doesn’t allow for cancellations. This is a great win-win option for both parties. It’s an interesting concept that is changing the online booking industry.
Time Your Offer Appropriately
Property owners often panic if they see that their rental calendar is not booked for the next month or more. Each vacation rental property has an on and off-season, so preparing ahead of time to offer vacation rental discounts can pay off too. For example, offering spring discounts during the month of December takes advantage of the holiday spirit. People are ready to spend money and looking toward warmer days with family and friends. Additionally, families are usually gathered together and ready to make big decisions like travel and setting aside vacation time.
Price Accordingly
Be sure to do your homework. Look around and see what others are offering during the same time of year for a similar accommodation. If you offer vacation rental discounts and are still well above others in price, it’s not a discount. Check out prices on websites or see what others are offering on their social media pages. Keep in mind that if it is off-season, the amenities that may make your vacation rental unique might not be available. Be sure to take that into consideration when you do your price adjustment.
Remember to keep the message clear and simple. Everyone loves a bargain. Whether you are planning to offer a bargain in the future, a last-minute discount or making your property available to best offers, flexibility is the key to get your investment rented. Good luck filling your calendar!
About VacationAtMyPlace.com: We are a vacation rental site serving the beaches of Maryland and Delaware. Property owners can list their properties for free, and guests will pay an industry-low 3% booking fee.
For more information, email us at info@VacationAtMyPlace.com or visit http://VacationAtMyPlace.com/ today!