If a visitor selects a house on Gites on the basis of a certain period and capacity, the system makes a smart calculation of the price for the requested period. That is, if it has been entered correctly. A number of variables play a role in this.
We see that many landlords choose to have a minimum stay of 7 days, the traditional holiday week, often combined with the Saturday as changeover day and a fixed weekly rate.
However, many visitors to the website are also looking for shorter periods. For people in transit or who are not bound to school holidays. Especially outside the high season, when the competition is stiff and a large offer is available.
Our advice: choose (outside the high season) for a shorter stay to increase your rental opportunity.
Flexible changeover day
If you opt for a flexible changeover day, visitors can in principle arrive on any day of the week and leave on any desired day, as long as they meet the minimum stay. Traditionally Saturday is a much-chosen changeover day, but Saturday is no longer such an ideal travel day: the black and red Saturdays are the reason for this.
The disadvantage of a flexible changeover day is that you may get 'broken' periods. The one leaves on Saturday, the next one arrives on Tuesday ... rather everyone has nice connected rented periods. Here too, there are important periods of the year in which renting out is more difficult and you can, with a flexible changeover day, pick up the one tenant who wants to come on a Wednesday.
The combination of minimum stay with a fixed changeover day is the least flexible: for someone who wants to book 23 days, no price can be calculated and can not be booked directly (only applies to the booking module).
Our advice: choose (flexible outside the high season) for flexible changeover days to increase your rental opportunity.
Day price or weekly rate?
If you enter the price periods on Gites, the weekly rate is a mandatory field. As soon as you have opted for a different minimum stay or a flexible changeover day for a specific period, you must also state a daily rate. Suppose you have a minimum stay of 7 days and someone wants to book 10 days, this is possible in principle if you have a flexible changeover day. If you have entered a daily rate, the system calculates a weekly price plus three times the daily rate. It is logical that the daily price slightly higher than the weekly price divided by 7.
Our advice: fill in as much as possible a daily price (1/6 of the weekly price?) To increase your rental opportunities.
Price per capacity
Visitors to Gites almost always enter the requested capacity when they search for their holiday home. You have the option to vary within the given price range with your prices. If you do that, the search will show the price that fits the capacity. You may be more competitive with this: the capacity is perhaps 6, but the price you offer can be for two people. If you enter it, you must enter an amount for all possible capacities, even if the prices are the same, so: if you enter prices for different capacity, enter all fields even if the prices are the same.
Our advice: vary your rates by capacity via the yellow button in the price period system to increase your rental opportunity.
Extra costs or yet 'all inclusive'?
At Gites you have the possibility to add extra costs for traditional bed and bath linen and cleaning. The origin of this is the desire of landlords to more easily compete with others in terms of rent: the rental price shown seems lower.
In practice, however, this custom has become a big visitor annoyance, especially if it becomes a long (and expensive) list of extra costs. However, in these times after the crisis, the price is much less a decision factor, but people look much more at comfort.
According to the French tax authorities, when reporting your income from furnished letting, you may include one additional service that is included in the favorable flat-rate deduction for costs (eg cleaning). What is not allowed is the resale of electricity and water, bicycle and boat rental etc. By calculating what the average costs are you can turn this into the rent. You can then specify all services that are included and benefit from the favorable flat rate.
Our advice: smartly manage your marketing and use all-inclusive prices to increase your rental opportunity.
Do you want advice? Then call us.