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Optimize your listing
The content on your property page helps manage guests’ expectations and can significantly affect the number of bookings you get. It’s important to identify the types of guests you want to attract and tailor your listing to your audience’s wants and needs.
Describe your rental space thoroughly and highlight its most appealing features. Include all your property’s facilities and amenities, even the basic ones like a dishwasher. The more details you provide about your rental, the more likely your listing will appear in search results even if guests apply multiple filters.
Pro tip: Booking.com guests have high expectations regarding customer service, so you need to equip your place with everything they may need for a comfortable stay. Create a vacation rental inventory checklist that can help you ensure you've covered all the basics and extras to meet your guests' preferences.
Upload high-resolution photos showing your property’s best features to help guests visualize their experience at your home. Include as many photos as possible of all your rooms, outdoor and surrounding areas, top amenities, and all the extra details that make your property more inviting.
Develop a strategic pricing strategy
Price is the main factor influencing most booking decisions, so you must make your rates competitive and as compelling as possible. A good idea is to offer a wide variety of rate plans. This approach increases your chances of appealing to different types of guests with different priorities.
You should always work to earn as much money as possible during peak season. But it’s also important to be more flexible with your pricing strategy during low season and find tactics that work for shoulder season.
The best way to optimize your vacation rental’s profits and performance is to implement dynamic pricing based on market supply and demand, seasonality, days of the week, lead time, etc.
Booking.com also allows hosts to create promotional rates based on different criteria, for example
- Mobile rates that offer discounts to guests who make reservations using mobile devices
- Length of stay (LOS) discounts—offer weekly or monthly discounts for longer stays
- Country-specific rate—offer a discount only to potential guests in certain countries that you want to target to encourage more bookings
- Last-minute discounts to secure last-minute bookings
- Early-bird discounts for guests who book and pay well in advance.
Encourage guest reviews
Reviews play an essential role in a potential guest’s decision-making process because they serve as an independent source of information. Most travelers read reviews written by other travelers who stayed in the property before making a reservation.
The number of reviews also matters, and guests are more likely to choose a property with 20 reviews than another with only 2. That’s why you should encourage them to leave reviews after their stay.
Remember that effective communication with guests is one of the most important aspects of their experience because it makes them feel welcome and cared for. Then, they are more likely to give you positive reviews that can help you win more bookings.
You should proactively communicate with guests to provide them with the necessary information at the right time and respond to their messages as fast as possible. Automating guest messaging using vacation rental software like Hospitable is the easiest way to do it.
Have conversations with your guests even when you sleep
You may also want to check out our article to learn more about how you can automate Booking.com messages using Hospitable.
Provide flexible cancellation policies
While a non-refundable cancellation policy may discourage guests from canceling bookings, it also discourages guests from making those bookings in the first place. People often plan and book bigger trips weeks and months in advance, and they don’t like the idea they could lose their money if things change unexpectedly. Most guests expect flexible cancellation options and are willing to pay extra for it.
Booking.com allows hosts to use a set of policies and connect them to their rate plans. This way, guests with different priorities can choose the option that suits them most. Check out our 101 guide on Booking.com cancellation policy to better understand how to handle cancellations as a host.
Final Thought
Running a vacation rental on Booking.com can be a great side hustle that will provide you with a real estate passive income. But if you want to achieve financial freedom and become a successful host, you’ll need to put in effort and do your best to make the most of your listing.
Hopefully, following our Booking.com tips will make your listing more appealing to your target audience, encourage more bookings, and make your vacation rental more profitable.
You may also want to check out our blog post, where we compare Booking.com vs. Airbnb to better understand how these platforms differ and what they offer to hosts.