Cape Cod’s vacation rental market has grown more competitive, with rising guest expectations. Listing a home for summer no longer guarantees high bookings. To maximize revenue and occupancy, property owners must adapt. Implementing the strategies below will keep your rental highly profitable as we head into the summer.
1. Embrace flexible lengths of stay
Gone are the days when week-long stays were the standard. Today’s travelers are looking for flexibility. Adjusting minimum night requirements based on demand can help fill gaps in your calendar. Midweek stays, long weekends and shorter trips during shoulder seasons attract a wider range of guests, ensuring higher occupancy rates and increased income.
2. Adopt dynamic pricing models
Setting the right price is key to maximizing rental revenue. Hotels and airlines use dynamic pricing, and vacation rental owners should, too. Platforms like Airbnb, VRBO and third-party tools adjust rates in real time based on market trends, competition and seasonality. This ensures you maximize earnings during peak times while securing bookings in slower periods.
3. Expand your marketing reach
Being visible on multiple platforms significantly increases your chances of securing bookings. Listing on Airbnb, VRBO, Google Vacations and Booking.com broadens your exposure. Additionally, having a direct booking website can reduce reliance on third-party platforms and save on commission fees.
4. Invest in high-quality photography/staging
First impressions matter, and stunning, magazine-quality photos can make all the difference. Professional images that highlight your property’s best features — whether it’s a waterfront view, a cozy firepit or a charming Cape Cod-style interior — will make your listing stand out. Proper staging, including décor that aligns with guest interests, further enhances the appeal and leads to higher booking rates.
5. Enhance outdoor amenities
Cape Cod’s natural beauty makes outdoor living spaces a major selling point. Providing a firepit for cozy gatherings, an outdoor shower for post-beach rinses and seating areas can greatly enhance your home’s appeal. One of the best investments? A hot tub! Properties with hot tubs consistently secure year-round weekend bookings, often adding upward of $50,000 in additional annual revenue.
6. Make your property pet-friendly
A growing number of travelers are unwilling to leave their furry friends behind. By allowing dogs, you open your home to a larger pool of potential guests. Pet-friendly rentals tend to see higher occupancy rates and can command premium pricing. Providing pet amenities like dog beds, bowls and a designated outdoor area further enhances the experience.
Stay ahead of the market
The Cape Cod vacation rental market is becoming increasingly competitive, but implementing these strategies will help you stay ahead. By embracing flexibility, optimizing pricing, investing in marketing and enhancing guest experiences, your vacation home can continue to generate strong revenue year after year. Adjusting to changing trends and guest expectations is the key to long-term success in this ever-evolving market.
Dave Menapace
President
The 5 Star Co-Host, LLC
5strcohost.com
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