Three calendar mistakes that cost midterm rental hosts money: not using dynamic pricing, opening your calendar too far ahead, and letting guests extend their stays too easily. Fix these and boost your income.
What is one thing that most midterm rental hosts overlook every year that costs them lots and lots of money? It's not bad pricing. It's not bad. Guess it's calendar gaps. Here are three ways that your midterm rental calendar setting could be sabotaging your income, making you earn much less than you otherwise could. The first one is you're not using a dynamic pricing tool and you don't have your adjacent days set up. The second one, you've left your calendar too far open too far in advance. And the third one is your existing midterm rental guests have too much flexibility to extend their future reservations. So in this episode, we're diving into why these gaps are happening, how you can prevent them, and how you can increase your profitability so that your midterm rental is not making less than it would as a long term rental. Stay tuned. Let's jump into it.