Want to boost your short-term rental income? Keep an eye on major events in your city! Concerts, sports competitions, marathons – all of these attract travelers, which means demand for accommodation skyrockets.
Here’s what to do:
👉 Track the event calendar. The earlier you know the dates, the better you can prepare.
👉 Raise your prices confidently. Guests booking in advance are willing to pay more for a good place.
👉 Don’t panic if your place isn’t booked a week before the event. Budget-friendly options will sell out first, leaving last-minute travelers ready to pay a premium.
👉 Update your listing. Mention the event in your description so guests know why your place is the perfect choice.
👉 Use dynamic pricing. As the event gets closer, demand rises – meaning you can adjust your rates accordingly.
Don’t be afraid to play with pricing! Travelers will come no matter what, and you’ll maximize your earnings.
Do you use this strategy too? Do you track events in your city and adjust your prices? Or maybe you have other tricks to maximize your short-term rental income? Share your thoughts in the comments!