Top 10 Specials to Offer Without Lowering Prices


1. No Cleaning Fees. No, it doesn't mean that your housekeeper will be out of work or that you'll have to switch to a diet of Ramen Noodles and Crackerjacks to afford the cleanings yourself. You don't really have to eat (no pun intended) that $100 or $150 cost for housekeeping; just bundle it into your base rental rates. Those fee-averse travelers will certainly appreciate the one-stop-shop approach to determining their rental rates. Besides, someone that is used to staying in a hotel might not be so keen on paying for cleaning anyway.

2. Free Welcome Gift for Confirmed Bookings in the Next 2 Weeks. Wait, you're already doing this? Imagine that! We know a lot of owners enjoy the element of surprise when their guests check in and find some gift or treat. But if prospective renters are comparing your home to another, this special touch might just make them book your home. So, if you already provide some kind of amenity like a welcome basket, firewood, starter pack of coffee, continental breakfast, etc., highlight it in your listing and ditch that mysterious vibe.

3. 7 Nights: $2000. 1 Week Away from Your Boss: Priceless. When it comes to your rates it's ok to get creative, whether that's offering discounts, providing unique extras, or simply standing out among the competition with an amusing take on a week-long getaway to which we can probably all relate. And, to convince you further, certain members of the Owner Community team have admitted that they would choose this type of property over another simply for the humor factor.

4. Free Mountain Air with Every Booking. Who cares if what you're offering is really only an illusion of free? You still had me at Fr-! It's very well known that people are simply drawn to the word “free”, so why not capitalize on this simple marketing tidbit and try to attract people to your vacation rental listing with free sunset views, free ocean breezes, etc. You get the idea.

5. Rent 6 Nights, Get the 7th Night Free. Ok, ok, so maybe you want to offer an actual discount. When offering discounts to your prospective guests, you don't have to hurt your bottom line. You simply need to adopt some business-savvy psychology for your advertisements. When you set up your rental rates on your listings, you might have listed your weekly rates equal to a 6-night stay. But by advertising this way, you can remind bargain hunters that they're already getting almost 15% off the nightly rate.

6. 15% Off Weekly Rentals. Similarly, if you feel that travelers are looking for that percentage discount to jump out at them (or you just have a thing for symbols), offer 15% off your weekly rates. It's basically the same as offering the 7th night for free, which you're likely already doing. You can even increase the discount percentage, but if you want your bottom line to stay the same, just cushion your prices so that you don't really have to accept lower rates. With a little arithmetic, you can let your renters think they're really getting a deal, and only you will know the truth.

7. No Extra Person Fees. Likewise, if the pricing in your market is characterized by per person fees, help out those English Lit majors that aren't so keen on crunching the numbers themselves by listing one rental rate that satisfies all occupancies.

8. Free Dinner with Weekly Booking. It turns out that college students aren't the only ones looking for free food. For travelers, nothing says “book my home” like a free meal. Again, you can add a little bit of cushion to your rental rates to provide your guests with a gift card to a restaurant in town. It doesn't have to be the most upscale eatery in your neighborhood, but when vacation expenses start to add up, your guests will appreciate one less meal to pay for.

9. $50 Gas Card for Bookings of 3 Nights or More. A $50 gas card…You can't put a price on that! Well, yes you can, but in tough times, it doesn't make it any less “priceless” to your driving guests. So during your slower season when you know more of your guests will be heading to your home by car, try offering a gas card to lure in more travelers.

10. Discount Attraction Tickets for All Guests. Try to seek out those non-do-it-yourselfers by setting up an activity or including tickets to an attraction as part of your rental package so your guests won't have to do the work themselves. This can be especially lucrative for you if you can partner with local attractions to get some kind of discount on lift tickets, beach chair rental, amusement park admission, etc. You don't have to be chummy with the sales rep at SeaWorld or know a guy who knows a guy at Six Flags. You can just try to negotiate a discounted rate simply because you're buying in bulk. Then, you can even add in the regular price of those attractions to your rental rates to give your profit margin a bit of a boost. There are plenty of renters out there that would jump on this type of property for the reduced hassle, even without a discount on the tickets.

 

© Copyright HomeAway, Inc. 2009

Updated: September 14, 2009

   
 

   

Owners Speak


What specials do you offer your guests?


"$50.00 discount per week on a multi-week booking." Rich, Wellfleet, M.A. (VRBO)

"We provide all of the linens and towels. We also provide detergent , fabric softener, trash bags, and condiments, such as salt and pepper." Kathryn, Kill Devil Hills, N.C.

"Every group gets a beautiful arrangement of Kona coffee, Macademia Chocolate Nuts, local fruits (pineapple, mango, papaya etc.), nut or shell leis, and little gifts for the children. Everybody loves the gifts and its worth the $20-$30/group for return groups and recommendations." Jenny, Oahu, Hawaii (HomeAway #232519, VRBO #190401)

"Complimentary bottle of Prosecco and bowl of fruit upon arrival. Breakfast and room cleaning every day. Use of the stunning salt water pool and spa, free usage of mountain bikes!" Lesley, Carovigno, Brindisi, Italy

"Top hotels and cruises put towel origami on their beds. We kick it up a notch by paying attention to our guests and the tours they book. When they go fishing they find a towel shaped like a boat or a fish. If they mention missing a favorite pet the housekeeper fashions a towel into a dog. When they spot monkeys on our property the housekeeper shapes a towel into a monkey. This makes our guests feel special and each day they look forward to seeing the custom towel origami designs on their beds." Evelyn, Manuel Antonio, Costa Rica (HomeAway #149047, VRBO #123905, VacationRentals.com #54883)

"We offer a well-stocked kitchen cabinet with olive oil, balsamic vinegar, herbs and spices, coffee filters, a variety of teas — so preparing a typical meal in Paris becomes one of the most enjoyable experiences. Guests can shop at one of the many small and lovely markets and food specialty shops in the neighborhood." Carol, Paris, Montmartre (VRBO #261501)

"I notice that they always arrive hungry, so I always offer homemade muffins and a fruit bowl. If I am too tired or busy to bake, I will go purchase a cake or pie from a well known bakery. Sometimes my niece will make Tiramisu. I also have a large bowl of granola goodies in the lobby. They are always happy to see food — which is mentioned quite often in my reviews. Believe it or not, I make sure nothing in the studios are offensive to vegetarians. I make sure I say 'goodbye' and 'thank you' to everyone before leaving. Most of my ideas came from asking 'Is there anything you would have liked that could have made your stay more comfortable?'" Yvette, New York, New York (HomeAway #228972)

"We include beach towels, a cooler and beach chairs for a day at the lake. We also stock sugar, salt and pepper, tea, various spices, all cleaning supplies, food wraps and aluminum foil. We have a magazine basket with a variety of recent publications. Our welcome gift is local coffee or maple syrup, a bottle of wine and a fresh fruit pie. We are fully booked through April of next year with all return renters!" Kathleen, Cavendish, Vt. (HomeAway #138438)

"I advertise free beach service. Even though it's there for every guest and most owners in my complex offer it too, some of the other complexes in the area do not have it available." Christine, Destin, Fla.

"We offer a well-stocked kitchen complete with coffee, condiments, and spices so guests can save food costs. They always comment how much these extras are appreciated!" Kay, Birch Bay Resort, Blaine, Wash. (VacationRentals #1837)

"Buy an entertainment coupon book and leave it in the unit. Hundreds of dollars in savings at local places to eat!" Sal, Ft. Myers, Fla.

"Winter Wonderland Special, Two night weekend $150 no other fees, Great location for skiers to Ober Gatlinburg." Charlene, Gatlinburg, Tenn. (VRBO #272353)

 
   
 

   

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