Your vacation rental’s performance depends on a number of factors, from local travel demand and seasonality to how satisfied your guests are. Here at Evolve, we’re tuned into each and every variable, and work hard every day to help you outperform your closest competition.
To do that, we constantly assess market expectations and look for opportunities specific to your area that can grab the attention of more travelers, increase your bookings, and collect five-star reviews. From the creation of a click-worthy custom listing to a dynamic rate-setting approach, our strategies are proven to maximize income potential and help you consistently earn more than rival listings.
That said, if your vacation rental isn’t living up to your performance expectations, here are a few things you can do to make sure your home reaches its full income potential:
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1. Double-Check That Your Amenities Are Accurate
Amenities are a major part of why guests choose to book a property, so it’s important to make sure the ones featured in your listing match what’s available in your home.
Review those details regularly to confirm nothing has changed or is missing. If you find any discrepancies, please update your property details in your Owner Account as soon as possible. This can help catch the attention of eager travelers upfront and boost your chances of getting five-star reviews after a stay, since an as-advertised home makes for a happy guest.
2. Evaluate Your Guests' Experience
Providing a five-star guest experience is key to earning more. When travelers are happy, they leave great reviews — and those reviews can drive more bookings and revenue. (On the flip side, unhappy travelers can leave one-star reviews that harm your reputation and performance.)
Assess the in-home experience at your property and check recent reviews to figure out where there might be room for improvement. That could mean making adjustments to the amenities you offer, how you welcome guests, or your decor.
3. Keep Your Calendar Open
The more available your property is throughout the year, the more opportunities you have for bookings (and, in turn, revenue). Whenever possible, avoid adding in too many owner blocks, especially during peak travel times when daily rates are often higher.
4. Don't Cancel Bookings
Canceling a booking harms a potential guest’s experience and puts you at risk for a variety of consequences from the marketplaces we list your property on, including a potential penalty fee or an automatic one-star review. You might also have those dates barred from being re-booked, which means the income you would have made is lost altogether.
Please do everything you can to avoid canceling guest bookings. In the case of an unforeseen emergency that might force a cancellation, get in touch with us immediately by calling 877.818.1014.
Want to Learn More?
To talk more about your home’s performance and ways to improve, please chat with us through your Owner Account. Our chat tool is available 7am to 9pm MT seven days a week.
Related Resources:
How Do I Make Sure My Home Is Guest-Ready?
How Do I Get More Guest Reviews for My Listing?
What Are the Must-Haves in a Vacation Rental?