How to Supercharge Your Guest Bookings with Rankbreeze by Hospitable Hosts
Oct 5, 2023
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Kelvin Mah, short-term rental expert and CEO and Founder of Rankbreeze, shares insights on optimizing Airbnb listings for more bookings. They discuss Rankbreeze's components and optimization hub, the importance of photos and thumbnails in attracting guests, maximizing revenue through pricing, and future updates of Rankbreeze.
RankBreeze offers rank optimization, price optimization, and market data tools to help hosts improve their Airbnb listings and increase revenue.
Photos, titles, and pricing are crucial for attracting guests, with good quality photos, proper pricing, and attention to the order of photos playing a vital role in capturing potential guests' attention and optimizing revenue.
Deep dives
Kelvin Ma's Background and Entry into Short Term Rentals
Kelvin Ma, founder and CEO of RankBreeze, shares how he stumbled into the short term rental space while working as a director of content at another business. He initially focused on the design and guest experience of his property before delving into optimization aspects. Kelvin started writing a blog about his experiments and realized the importance of tracking rankings and optimizing listings based on other successful properties in the area.
RankBreeze's Three Pillars
RankBreeze offers three main areas of improvement for hosts: rank optimization, price optimization, and market data. The rank optimization component tracks rankings data and offers an optimization hub with listing optimization tools like keyword recommendations, amenities analysis, and review analysis. The price optimization feature, integrated with Hospitable, provides flexible pricing rules based on occupancy rates and other variables. The market data tool, called the competitor calendar, allows hosts to analyze base rates of custom competitors and adjust their pricing strategies accordingly.
Improving Revenue with RankBreeze
RankBreeze aims to help hosts increase revenue without compromising pricing. Hosts are advised to give the tool time to collect data and understand the trend lines before making drastic changes. Using the optimization hub, hosts can follow suggestions for keywords, amenities, and reviews, and then use RankBreeze's A/B testing tool to track the impact of changes on their listing's performance. It is recommended to make changes one or two at a time and monitor the results over a week or more.
Optimizing Photos, Titles, and Pricing
Photos, titles, and pricing are highlighted as key areas for hosts to focus on. Good quality, professional photos that showcase the property's best features are crucial for attracting clicks. The order of photos is also important, with the first 20 photos, especially the first 5 to 10, playing a critical role in capturing potential guests' attention during their initial scrolling through thumbnails. Proper pricing, guided by RankBreeze's pricing engine, helps find the right balance without solely resorting to lowering prices. By utilizing flexible pricing rules based on occupancy rates and other factors, hosts can optimize revenue without compromising their rates.
This podcast invites short-term rental (STR) expert and CEO and Founder of Rankbreeze Kelvin Mah to share his insights with Hospitable hosts on getting their Airbnb listing onto the first page of search results and attracting more bookings.
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