Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 23 hours ago,
Giving VRBO a head start on Airbnb
Looking for thoughts on a strategy to help VRBO not get immediately buried by Airbnb and be permanently assigned to an “also ran” capacity. I realize that there are variables from market to market and property to property that could make VRBO more effective for a given property, but my understanding is that in general Airbnb bookings get out to such a dominant start in regard to percentage of the bookings, that VRBO and other lesser OTAs have trouble catching up.
One unvetted thought I’ve had for when I go live is to give VRBO a 1-2 week head start on our listing. It wouldn’t even be listed on Airbnb during this period so I wouldn’t get dinged by them for blocking the calendar. I would limit the open calendar days on VRBO to maybe only 30 or so out so as to not cause any/many issues (having too many dates show as booked) when I subsequently go live on Airbnb. After the head start period and hopefully getting a couple/few? VRBO bookings in that 30-day window, I would then go live with my Airbnb listing, open out the calendar a little bit further so adequate availability shows, and take advantage of it’s first week or two? of listing boost. In my mind, the reason for doing this would be to have two engaged platforms versus one dominant one.
What am I missing? Why is this not important in the long run? How could it backfire? Thanks group!