The minimum stay is the fewest number of nights a guest must book consecutively to stay in your home at any given time.
This is a dynamic listing policy, and a component of our broader revenue optimization strategy for your property — meaning it’s not a stagnant number. Just like how we determine rates, our in-house experts continually monitor what’s happening in your local market and adjust minimum stay requirements to help you reach your full income potential.
Here’s a closer look at how we determine minimum stay requirements:
- Evolve’s SmartRates technology analyzes billions of data points every day — including minimum stay intel across the vacation rental industry. It looks at the requirements your competitors are setting, and accounts for seasonal shifts in length of stay as a result of market demand.
- Our revenue team uses these insights to establish a dynamic minimum stay strategy that captures those trends and maximizes your home’s occupancy.
- Our revenue team also keeps an eye on your calendar availability. If you still have openings as check-in dates draw closer, we may also adjust your minimum stay to entice last-minute bookings and fill in those gaps.
Please note: the minimum stay Evolve dynamically sets (and displays to guests online) is NOT the same as your Absolute Minimum Stay.
The Absolute Minimum Stay is one of the guiding parameters you set in our partnership, and it serves as part of the framework we strategize within. It’s that hard-stop number of nights we’ll never drop below while optimizing your minimum stay requirements.
To learn more, you can connect with us via the chat tool in your Owner Account or give us a call at 877.818.1014.
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