Today, we’re unpacking an often overlooked but crucial aspect of STR management: booking windows. Understanding the dynamics of booking windows can significantly impact your pricing strategy and, ultimately, your profitability. Whether you’re a seasoned investor or just starting out, recognizing the multiple booking windows your property might have and knowing exactly what they are is key to maximizing your returns.
So, stay tuned as we break down the inside scoop on booking windows, explaining why they vary and how you can master them for your property. We’ll explore how booking windows aren’t just about how far in advance a booking is made; they’re about understanding market dynamics, seasonal trends, and event-driven demand.
In this episode you’ll learn:
0:00 – Intro
0:44 – Booking Window
4:21 – Minimum Expiring Price
6:24 – Booking Windows and Visibility
12:00 – Last-Minute Discounts
12:41 – Outro
That wraps up our deep dive into booking windows and how they can make or break your short-term rental’s profitability. Remember, understanding and optimizing your booking window isn’t just about keeping your property booked; it’s about maximizing every booking’s value.
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Tim Hubbard, a successful investor and CEO of a seven-figure short-term rental management shares it all in his Short Term Rental Riches Podcast. This podcast gives you the insider tips you need to know to acquiring, operating, and scaling a successful short-term rental business.
Steal my 7-figure STR business playbook today!
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