STR Rentals: December in Phoenix?

[Mitchel Foster]

Hey all, this is my first December having STR's in the Phoenix area. I'm a little surprised that we aren't fully booked for the most part. Is anyone else seeing some slowness in the market or would have some ideas as to why bookings might be slow right now?

[John Underwood]

Check your competition on Vrbo and Airbnb. See if everyone else is fully booked. If they are then check your pricing. Also if you are new and don't have many reviews that could be the problem. Also maybe this market books way in advance of when you went live. This could be a market where repeat guests come back to the same property every year and you just need to hook those people.

Once you dig around to what is going on with your competition you should get a picture of what is going on.