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Increase Occupancy with Long Stays

Greetings!

I’m Kavina, one of the Account Advisors who shares advice on making the most of your listing on Booking.com. As an Account Executive in our New Zealand office, I hope to set up our Booking.com Partners for commercial success! 

As we enter not just a new year but a new decade, our travel needs, behaviors and wants continue to evolve. 2020 will be a year of travel exploration like never before, fueled by technology as well as a growing sense of responsibility and deeper connection with the people and places we visit.

Instead of experiencing the constant fear of missing out and trying to speed through as much as possible, travel in 2020 will be all about taking it slow. One of the best way to reach out to Guests and increase your occupancy is to provide a discounted rate for longer stays at your property. Not only does this help you secure revenue, but long stays also reduce operational hassle on your end: Less time spent checking guests in and out, plus simpler cleaning and sanitizing jobs.

What are long stays?

We consider reservations “long stays” when they’re seven nights or more. These fall under two categories:

Weekly rates: These require a minimum stay of 7 nights

Monthly rates: These require a minimum stay of 28 nights

Why add weekly and monthly rate plans?

We recommend considering these rates when building your revenue management strategy. Implementing them can offer you benefits when it comes to:

Reaching more guests with attractive long-stay rates

Securing future revenue

Reducing operational work 

Can I customize my weekly and/or monthly rate?

Yes. You can customize the cancellation policy, the meal plans to include, the dates when the rate is bookable, the discount to offer, and which units or rooms the rate plan applies to.

If your weekly/monthly rate plan is a discounted version of one of your pre-existing rate plans, then your new weekly/monthly rate plan will automatically be open for bookings on the same dates as your pre-existing rate plan.

Want to know more? Share below!


11
BrookAve

Hi

 

Its great having the new rate plan templates.

 

Thanks

Merry xmas

1
Studio Le Paquier

Hi Kavina,

the title of the thread is #BoostingYourPropertyPerformance, however our experience with Booking.com is that, as a rental property with just one studio for letting, long stays kill our performance score with booking.com, and costs us our BC Preferred Partner status (low availability, low click to view, low look to book) - any ideas on this ? Seems to be a fundamental problem where we are judged against properties with multiple rooms.

As a second point, every single value I enter in the minimum length of stay for monthly bookings returns an error and 'please enter a correct value' - again any help would be useful.

Regards

Paul

Studio Le Paquier, Gruyeres, Switzerland

1
Oscar On Main …

Can you please clarify if the long stay discount is staked on top of the genius discount & any other discounts (such as mobile)?