How to Maximize Short-Term Rental Earnings

How to Maximize Short-Term Rental Earnings


At Vacation Rentals Guru, we mostly work with property owners that hire vacation rental managers to run their short-term listings. However, we do still advise self-managing rental operators who often ask us how to maximize their earnings from Airbnb or Vrbo. Here are the 5 tips we give them:

  1. Set competitive prices: Research the prices of similar listings in your area to determine the right price for your property. Be sure to factor in the cost of cleaning, laundry, and any other expenses you may incur as a host.

  2. Make your property stand out: Take high-quality photos of your property and write a detailed and compelling listing description to attract guests. Consider offering amenities such as high-speed internet, a fully equipped kitchen, and other thoughtful touches to make your property more attractive.

  3. Keep your calendar up to date: Make sure your calendar is always up to date so that potential guests can see when your property is available. If you have long gaps between bookings, consider offering special discounts or promotions to encourage bookings.

  4. Respond to inquiries and bookings quickly: Potential guests are more likely to book a property that responds to their inquiries and bookings promptly. Make sure to check your messages and emails regularly and respond as quickly as possible.

  5. Keep your property clean and well-maintained: Guests expect a clean and well-maintained property, so make sure to keep your property in top condition. This includes regular cleaning, restocking supplies, and making any necessary repairs.

By following these tips, you can help attract a steady stream of high-paying guests and maximize your earnings on Airbnb or Vrbo.

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