top of page

Waterford Reservations

Outperforming the market by 30%

About the project

Coming soon...

Romantic Treehouse

This is one of our most recent success stories. The owners wanted to increase mid-week occupancy during the slow season, a common challenge for short-term rentals. By implementing a dynamic pricing strategy that encouraged longer stays in advance and applied strategic last-minute discounts, we maximized booking potential. As a result, the property outperformed the market by 60% during one of the slowest months of the year, demonstrating the power of data-driven revenue management.

9724264c-b8b4-4cfb-8601-f69911a0ae6f.avif
44571a31-900b-4ee9-96a5-adfde9d3b0ae.avif
8d4a539e-96db-41e3-9175-709ee8a4546c.avif
76dff165-e23e-48fc-8c33-8dd7170bfb2e.avif

Overview

Market Performance ​

​

  • February 2024: The average revenue for comparable properties within a 50 km radius was $2,638, with an average occupancy rate of 49%.​

  • February 2025: The market saw a slight decline in revenue to $2,574, despite an increase in occupancy to 54%.

​

The market data suggests a competitive environment with increasing occupancy but declining revenue, likely due to pricing strategies, increased supply, or demand fluctuations.

output (2).png

Client Performance

Revenue Comparison​

  • February 2024: The client’s property generated $3,543.25 in revenue.​

​

  • February 2025: While the market experienced a 2.4% decline in revenue. The client's revenue increased to $4,532.56, marking a 28% year-over-year growth.

​

​This means the client’s revenue outpaced the market by 30.4 percentage points.

Performance Analysis

Occupancy Comparison​

  • February 2024: The property’s occupancy rate was 51%.​

​

  • February 2025: The occupancy surged to 78%, a **27-point increase, by leveraging strategic pricing & discounts we were able to get 9 additional weekday nights. **

​

The market’s occupancy increased by 5 percentage points (from 49% to 54%), while the client’s property increased by 27 points (from 51% to 78%).​

Revenue Growth Despite Market Decline

​While the broader market experienced a revenue dip, the client’s property achieved substantial growth. This suggests effective pricing strategies, better guest targeting, and strong marketing efforts that helped maintain high demand.

​​

Significant Occupancy Increase

​With the market’s occupancy increasing only 5 points, the client’s property vastly outpaced this trend with a 27-point increase. This indicates strong appeal to guests, improved booking strategies, and enhanced guest experience leading to higher demand.​

​​

Competitive Advantage

​The client’s property not only outperformed its past performance but also exceeded market averages by a significant margin in both revenue and occupancy:​

​

Revenue Growth vs. Market: +30.4 percentage points

Occupancy Growth vs. Market: +22 percentage points

​

This highlights a strong competitive advantage in a fluctuating market, proving that strategic pricing and marketing efforts can drive superior results even in challenging conditions.

Key Strategies

 1. Data-Driven Pricing Adjustments

  • We leveraged PriceLabs to set optimal nightly rates based on:

    • Local demand trends

    • Competitor pricing fluctuations

    • Seasonal adjustments and event-based demand

​

2. Strategic Discounts for Maximum Occupancy

  • Applied last-minute discounts to capture bookings that competitors missed.

  • Implemented longer stay incentives to secure extended reservations further out.

  • Used Airbnb Host Tools to push mid-week bookings with targeted promotional pricing.

​

3. Custom Market Dashboard & Performance Tracking

  • Developed a customized market dashboard to track competitor trends.

  • Analyzed key performance indicators (ADR, occupancy, revenue, first-page impressions, and conversion rates) to fine-tune our approach.

  • Made real-time adjustments based on booking patterns to stay ahead of market trends.​

​​​

bottom of page