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Updated over 1 year ago on . Most recent reply

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22
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12
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Joseph Dasmerces
  • Rental Property Investor
  • Myrtle Beach, SC
12
Votes |
22
Posts

Lowering rates and attracting guests......

Joseph Dasmerces
  • Rental Property Investor
  • Myrtle Beach, SC
Posted

Hey Everyone, I'm just going to go out and say it i have had to lower my rates and have attracted less than desirable guest inquiries...

We have had to lower our rates from 2022 because the occupancy has gone down due to the high volume of Airbnb in our area. We have had great guests very grateful to have a 4.94 STAR rating and maintaining SuperHost status going on 2 years now. With that being said since we have lowered our rates we have been getting some very questionable guest inquiries and have had to spend some time screening. Our home is very nice and we have put a lot of attention to detail and overall guest experience. Since lowering our rates our occupancy has increased slightly but also has the inquirers of unqualified guests.

We don't want to turn business down but also want to be competitive, doing our research on our local comps we feel we have a nicer product. Any suggestions or advice are welcomed. Has anyone had similar experience?

Most Popular Reply

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2,325
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1,883
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Andrew Steffens
#4 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
1,883
Votes |
2,325
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Andrew Steffens
#4 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
Replied

We have lowered rates to be competitive but definitely not a fire sale.  What we have been doing is making the weekly and monthly discounts bigger (especially now we are in off season) to attract longer stays while retaining good guests.

  • Andrew Steffens
  • [email protected]
  • 813-563-0877
  • Loading replies...