Tips to Maximize Vacation Rental Bookings and Revenue

Don’t neglect your outdoor living space

A deck or patio with durable and comfortable outdoor furniture, a BBQ, fire pit, and a hot tub are all investments that will quickly pay off in the form of higher-dollar bookings. If you have the space, consider upping the fun ante with a putting green, corn hole, a croquet set, horseshoes, a hammock or porch swing.  

Make sure your grounds are well-maintained. 

Upgrade your decor

Upgrade your home’s decor to create a welcoming and comfortable atmosphere. The ambiance and visual appeal of your vacation rental can play a significant role in attracting and retaining guests. Invest in stylish and durable furnishings that not only look great but can also withstand the wear and tear of frequent use. 

Pay attention to details such as lighting fixtures and decorative accents that enhance the overall aesthetic. If you choose a theme – nautical, mountain-chic, etc. – we recommend not going too overboard or kitschy. Remember the mantra, less is more. Many guests prefer a non-cluttered space.  

Cater to guests that like to cook 

Make sure your home has enough glassware, coffee cups, silverware, and serving utensils to accommodate the number of guests you are hosting. We recommend taking inventory and restocking at least twice a year. Replace pots and pans before they start looking too worn, and add additional items like foil, saran wrap, Tupperware, Ziplock bags, a spice rack, oven mitts, and dish towels.  

Listen to your guests’ reviews

Reviews are a free way to evaluate your rental business performance. Whether positive or negative, feedback of any kind can highlight what’s working well for your guests and where there is room for improvement.  

If a guest comments about the amenities you provide, you’ll know it’s worth maintaining and something that enhanced their rental experience. Similarly, if several guests mention an uncomfortable bed, it may be time for a replacement

Create a home away from home

Make your guests feel at home with a welcome basket with a bottle of wine or an assortment of local snacks/goodies. A thoughtful touch could be including a welcome note where you can also highlight a special feature about the home. Guests also appreciate recommendations for things to do, see, eat as well as operating instructions for fireplaces, hot tubs, sound systems, thermostats, etc.  

Meredith Lodging

Meredith Lodging prides itself on being an “owner-first” company. Our expertise and experience in the vacation rental market can help maximize your profits and increase bookings. Our team can audit your home and read through your reviews to help you identify the upgrades that will make the biggest difference for your bottom line. To get started, reach out to your Owner Experience lead, or email us at [email protected]. We look forward to partnering with you!