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Updated over 2 years ago,
Optimize occupancy using different strategies for Airbnb vs VRBO
Hiya BP community - I am an investor & STR host in Annapolis, Maryland. I have been hosting my SFH property in both VRBO and Airbnb for nearly two years. Had a record year last year and I am thinking with a bit more optimization it could become a 6 digit gross earner. (And it's only a 3br/2ba home, maybe 1,700 sq ft. We have a few prime weeks that really help in Annapolis!)
Have you come up with a strategic way to use VRBO and Airbnb for the same property but with different goals/pricing tactics? Perhaps focus one on shorter stays (Airbnb), and the other on longer stays (VRBO) in order to maximize occupancy?
I am trying to fine tune this without the use of external tools. Curious to hear what you've learned if you tried something like this?
I am computing my stats to show avg stay duration and avg nightly rate for each platform and will be happy to share with those who are willing to trade intel (either here on the forum or through direct message).
Happy Hosting!