Steamboat Springs is a picturesque part of the Rocky Mountains and is loved by tourists. In winter, it's a popular ski destination. And in the summer sunshine, you'll find visitors soaking in the scenery or hiking.
It's easy to see why Steamboat Springs is an ideal place for a vacation rental. You'll get a reliable influx of tourists and frequent booking inquiries.
In this guide, we'll show you some simple ways to master the art of vacation rental hosting and maximize your income.
Optimizing Your Property Rental for Vacations
Steamboat Springs has seasonal variations in tourist activity. Therefore, you must ensure your pricing reflects this.
Assess the competition and price your vacation rental in line with similar vacation properties. In peak season, you can command a higher price. But you can create special offers for off-peak periods to attract more renters.
Remember to design your home to make it attractive for these visitors.
Consider an interior with a warm and cozy feel for ski season. Add practical elements, too, such as ski storage. Use professional photographs to make it look more attractive in the listings.
Listing Your Home for Rent
There are different ways to list a vacation rental, each with pros and cons.
Some property owners prefer to use an online listing platform like Airbnb.
The plus point of these websites is that you will gain access to thousands of potential renters. The downside is that you face stiff competition. Plus, you'll be charged a commission fee.
Another option is a property management service.
The advantage of this approach is that a management service will handle other aspects for you as well as the marketing. Thus you won't have to deal with maintenance problems or urgent phone calls from guests.
You could list your property privately using paid ads or social media. That could be the lowest cost option but will need lots of effort from your side, as well as some previous marketing experience.
Getting Return Visitors
One of the most lucrative ways to rent your vacation property is to get tourists to book repeatedly with you. That saves advertising costs because they will already know about your property.
Adding thoughtful touches to your listing will help increase the likelihood that guests will book with you again.
You could leave a personally-written local area guide on the property or invest in unusual features like a sauna. Or you could offer discounts on spas, restaurants, and ski passes.
All these will help create a memorable experience that will make guests likely to book.
Another helpful tip is to partner with a business and offer corporate packages at a discounted rate. That could give you regular and reliable bookings during off-peak season.
Vacation Rental Hosting: Making It Easy and Profitable
Vacation rental hosting can be a lucrative business providing you turn your rental into a top destination for tourists. Use the tips in this guide to help you create a winning listing.
Contact our team now for help setting up a low-maintenance, high-profit vacation rental in Steamboat Springs. Our vacation rental management services could be the perfect way to get started.