Are you struggling to fill your Orlando rental during the busiest travel times of the year? It's a common frustration for many property owners.
Figuring out the right peak season pricing can be a challenge. However, it's not impossible.
With a bit of research and some careful planning, you can maximize your rental bookings during the busiest travel times of the year. Here are some key Orlando area rental pricing tips that can help you attract visitors without leaving money on the table.
Understand Peak Times
Timing is everything for vacation rental peak season. Orlando's peak season includes holidays, school breaks, and times when theme parks have exciting events.
It's important to know when these times are so you, or your property management team, can plan your pricing accordingly.
For example, if you're renting out a home near Disney World during the summer months, expect higher prices than during other times of the year. This is because families with children are more likely to visit during this time frame.
Reward Longer Stays
With Orlando vacation home pricing, one trick is to give better rates to guests who stay longer. If someone books your rental for a week instead of just a few days, offer them a deal.
Maybe reduce the price for each night they stay over a certain number of days. This is good for you because it means less work finding new guests all the time. It's also good for your guests because they save money.
Highlight Your Amenities
Your rental might have some amenities that other places don't. To maximize rental bookings in the Orlando area, tell people about these things! If you have a pool, mention it in your listing.
If you have a huge TV, mention that too. And if you're near Disney World, then mention that as well! This will make your guests feel like they're getting a great deal on their vacation rental.
Offer Exceptional Service
Offering exceptional service means being responsive and helpful when guests have questions or problems. It also means going beyond what your guests expect of you as a host.
For example, if a guest asks if there are any restaurants nearby, don't just give them a list of places to eat.
Instead, offer to make reservations at a restaurant on their behalf. This will show that you're willing to do the unexpected. It will also help you get more bookings in the future.
Peak Season Pricing: Stay Informed on What Guests Want
Adjusting for peak season pricing is a great way to increase your revenue. It's also a good way to make sure that you're not leaving money on the table.
High season is your chance to shine and make the most out of your investment. With the right price and a great guest experience, your Orlando area rental will be the place everyone wants to book.
PMI Property Alliance is part of a larger franchise that has over 20 years of helping property owners like you. If you need help with setting a price for your vacation property, contact us today!
