If you chat to a variety of hosts you’ll get differing opinions. Some rave about one night stays and others forbid it. So, it comes down to the right choice for you.
Here’s some guidance on how to make this decision. Remember you can always change it later!
One thing there does seem to be consensus on, is that a one night stay should cost more. It’s got to be worth your while after all, especially with higher cleaning costs associated with one night stays.Some hosts charge 1.5 the normal rate and others as much as double.
Another good strategy is to only allow one night stays during midweeks or quieter periods.You can also only allow one night stays just a few days out to limit your calendar filling up with random one night bookings.Dynamic pricing tools like PriceLabs can help you automate this.
By having the option for a one night stay for at least some of the time, you’ll likely get more bookings, and if you charge properly, you can be more profitable in the end.One night stay availability will likely result in your listing being shown more in search results. So it boosts your visibility.
There is a perception out there that one night stays often attract bad guests. Like those who want to use your property for a party for example. To deter these sorts of bookers, ensure your rules are clearly stated and agreed upon up-front. A call with the guest can often iron this out and it gives them a chance to cancel if it’s not a good fit.
Always remember to take a damage deposit (whether it’s one night or multiple).
Have enough supplies in the house so you’re not having to run around buying things. It’s a good idea to have about 3 sets of linen so you won’t be burdened with laundry on top of everything else that needs to be done in time.
It may be worth giving it a try. You won’t know until you do. This will give you real data to work with. Some hosts are pleasantly surprised by a market they didn’t even know they could serve.
If it doesn’t work, it’s as simple as turning it off.
