MAXIMIZE your STR success with my FREE resources 👉 https://restmethods.start.page
Stuck on your STR journey? Ask me anything for FREE here 👉 https://www.delphi.ai/tim-hubbard/talk
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In this week’s episode, we dive into a highly effective strategy for increasing your rental income and enhancing guest satisfaction simultaneously. Discover how to capitalize on ‘gap nights’—those unbookable days between reservations that often go unnoticed.
These gaps can easily become revenue losses if not managed wisely. But here’s the good news: with a strategic approach, these very same gap nights can transform into additional income and even happier guests. This episode dives deep into practical ways to recognize, value, and fill these gaps, ensuring you’re not leaving money on the table.
In this episode, you’ll learn:
0:00 – Intro
1:27 – Setting minimum night stays based on average length of stay
2:32 – Utilize data from platforms like Pricelabs and AirDNA to optimize booking windows
5:00 – Offer discounted rates for gap nights
6:53 – How to automatically send messages and discounted rates based on calendar rates
7:52 – Outro
It’s clear that the power of gap nights, when harnessed correctly, can significantly contribute to both your STR’s profitability and guest satisfaction.
Remember, it’s all about staying proactive, flexible, and guest-focused. So take a moment to review your calendar for upcoming gap nights and start applying these strategies today.
Need help managing your short-term rental and you don’t want to go it alone? Shoot us a message here and we’ll see if we can help 👉 https://restmethods.com/partner/
You can find all of our links here including our website, recommended resources, upcoming live event, short-term rental playbook, Instagram, and more! 👉 https://restmethods.start.page/
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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.
See exactly what our team does
to maximize returns & minimize risk – your invitation to the RICH club 👉 https://restmethods.com/rich/
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