Get Ready for the 2024 Holiday Season and Boost Your Airbnb Income
Winter can be harsh, so it’s crucial that the property is prepared both for the comfort of guests and for the preservation of the property.
05/10/2024 - The holiday season is one of the most lucrative times for the hospitality industry. However, to maximize bookings and ensure an exceptional guest experience, Airbnb managers need to plan ahead. At TeamCHECKiN, the strategy used to enhance the performance of rental properties covers preparing the property, adjusting prices, checking check-in and check-out restrictions on specific dates, among other measures.
Prepare the Property for Winter
The Canadian winter can be harsh, so it’s crucial that the property is prepared both for the comfort of guests and for the preservation of the property.
- Efficient heating: Check the heating system and make sure it’s functioning perfectly. A well-heated environment is essential, especially during the colder months of December and January.
- Winter maintenance: Ensure that the access to the property is safe, with snow and ice removal. Provide safety equipment like shovels and de-icing salt for guests.
- Thematic decoration: Investing in cozy holiday decorations, such as Christmas lights and trees, can create an inviting atmosphere that appeals to guests and increases the chances of positive reviews.
Adjust Prices and Implement Promotions
During the holidays, demand for accommodations increases, and prices can be adjusted to maximize profits. However, it’s important to strike the right balance to stand out from the competition.
- Market analysis: Online tools that compile market data allow you to monitor price fluctuations and adjust your rates according to local demand.
- Special promotions: Offering discounts for longer stays can help increase occupancy rates.
Minimum booking duration
The length of stays can be determined by check-in and check-out restrictions on specific dates. This can prevent a guest from booking a property for just one night during a time when other guests may want to book longer stays. On the other hand, setting a minimum stay requirement could limit bookings. A balanced evaluation can be useful to achieve the best performance.
Flexible check-in
Whenever possible, flexible check-in and check-out times can attract more guests who are traveling long distances or facing delays due to weather conditions.
The holiday season represents a lucrative opportunity for Airbnb managers in Canada. Preparing the property for winter, adjusting prices according to demand, and paying attention to booking settings and conditions are essential steps to ensure success during this busy season.