Are you wondering why vacation rental stays unoccupied while your competition is always booked full? It could have something to do with your high vacation rental rate. If your rate is too high, your guests will have high expectations and you will be unable to deliver on and hence, you will lose repeat business. Also, high vacation rate could work as a deterrent to prospective guests. On the other hand, a low rate means you will not attract the right kind of guests and also you will not be able to generate a profit. So, it is imperative you fix the right rate every season.
Here are some tips to help you fix the perfect vacation rental rate without disappointing your guests or attracting unsavory guests.