What are the benefits I can get out of monthly stays?
Encouraging guests to book longer stays could help you achieve higher occupancy with lower guest turnover and a more predictable income.
Enabling monthly stays
Many guests at Resortifi book stays of 28 nights and longer. Review your availability settings to make sure guests can find your listing when searching for monthly stays.
Setting up weekly and monthly discounts
Many guests who are booking longer stays actively look for listings with weekly or monthly discounts. Weekly and monthly discounts are highlighted to guests in search results as well as on the price breakdown on your listing page.
When you set a monthly discount, you can find out if that matches the income you expect with a single, longer booking.
You can also set your monthly discount to the same percentage as your expected vacancy. For instance:
- If on average you book 24 days per month, you have an average 20% vacancy.
- In that case, a 20% discount for monthly stays helps you earn a similar amount, with a single stay.
Once you’ve set a monthly discount, guests will see the average monthly rate for their dates in their search results when searching for stays of 28 nights or more, as well as on the price breakdown on your listing page.
Optimizing your listing for longer stays
Besides enabling monthly stays and setting up weekly and monthly discounts, here are some other ways you can help make sure you are optimized to accept more stays.
Additional reservation preferences
Review the additional settings in Calendar Availability, including:
- Advance notice: how soon can guests book
- Preparation time: minimum time between bookings
- Availability window: how far into the future can guests book.
Add a guidebook geared towards monthly stays
Have a favorite spot to buy groceries in your neighborhood? Is there a great local gym or a dog park in your neighborhood? You can add those tips to your guidebook.
Add some improvements to your listing
Make sure you have the essential amenities for monthly stays. Guests looking for monthly stays typically look for listings that provide a well-equipped kitchen, laundry, stable and strong wifi, as well as the essentials required for any Resortifi listing.
Be available and support your guests during a monthly stay
During a monthly stay, the guest may require your assistance and reach out to you via the Resortifi app. You can provide detailed instructions for monthly stays as a separate section of your House Rules.
If you're sharing the space with your guest, you should also set expectations about your interactions. You can define this in the Guest interaction section of the Title & description settings of your listing.
Additional guidelines
Payments for stays longer than 28 nights or longer work in a different way. Resortifi automatically collects from guests 1 month upfront and at the beginning of each 30 day period.
Stays longer than 28 nights and longer are subject to your chosen long-term cancellation policy.
Learn more about things to consider when hosting monthly stays, including potential impacts of local laws and regulations.