After a pandemic, we may finally say that tourism is back! The impressive results of this Summer are proof that the market is even hotter and that we are very near to going back to how it was in 2019. But with everything that has happened in the last two years, the behaviour of tourists has changed a lot and the same has happened to their expectations. Could you keep up with these changes? In this post, we will give you some tips about how to make your tourist accommodation profitable.

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Study the market prices

The first step to having a profitable tourist accommodation is to analyse the competition! There is nothing better than knowing the prices of other properties to check if your tourist accommodation is within the market prices. Look around the platforms properties with the same characteristics as yours and see if they are more or less booked and the values they are charging each month.

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Look for a specialised company

A specialised company will help you in each detail: from decorating tips, 24-hour contact with the guests, maintenance, cleaning, price management and strategies, besides having a professional team prepared to better fulfil every necessary thing to transform your property into a successful business. LovelyStay is a specialist in this matter! With more than 7 years in the market and over 60 collaborators, the company offers a premium service to both guests and owners. We unite the best in the tourism sector, with a unique algorithm which studies the prices and the market every day every time. Do you want to know more about how we can help you make your tourist accommodation profitable? Contact us via e-mail to sales@lovelystay.com or visit www.lovelystay.com

Invest in decorating

This is an essential point to differentiate your tourist accommodation from the many others out there. A tourist who looks for tourist accommodation wants, above all, lots of comfort and the feeling of being at home. A cosy decoration is very important to make your tourist accommodation profitable. Invest in a comfortable sofa, many pillows, decorative paintings, blankets and plants (even if they are artificial).

Details make the difference

Everyone likes to be welcomed, right? Offer coffee capsules, tea, sugar or even an excellent local wine and some biscuits. These small details conquer and make your guests feel enchanted as they enter your property. Every detail is important.

If you don’t have the time to take care of this, you can count on LovelyStay! We manage your property on a premium level with commissions starting at 10%. Become our partner! Talk to us via e-mail at sales@lovelystay.com or visit www.lovelystay.com

Translated by Joana Teixeira

Categories: Tourism