According to a PR Newswire report, the Orlando area receives 74 million visitors a year, making it the most visited destination in the United States. By 2022, tourism had already returned to pre-pandemic levels.
Due to periods of ups and downs, marketing vacation rentals in the area can be a challenge. Setting the right price means your property stays rented and has the highest earning potential. Fortunately, there are some fundamental things you can do.
This article covers peak-season pricing for Kissimmee vacation rentals. Keep reading for some pricing strategies to maximize rental income for your real estate investment.
When Is Peak Vacation Time in Kissimmee?
Peak season pricing in Kissimmee aligns with the busiest tourist times in Orlando. Proximity to many amusement parks, including the Walt Disney World Resort, makes summer the busiest time. June, July, and August are not only the hottest in terms of weather but also in terms of vacationing.
Other times of year when most places are out of school can also be booming. These include the holiday season through Near Year's, as well as spring break. Spring breaks can vary by location, but March and early April are usually prime time for vacationing in Kissimmee.
Strategies for Optimizing Peak Season Rental Pricing
There are many things you can do to get the most out of peak-season vacation rental pricing. Here are the main ones to consider.
Effective Marketing
In a competitive real estate landscape, one of the most important things you can do is put your best foot forward. Ensure your listing has high-quality photos and a detailed description of all the amenities, including the value of the location. Use social media platforms and email marketing to prospective rentals.
This is important during peak season and slower times of year. It helps your property stand out in a crowded field, regardless of the season.
Dynamic Pricing Tools
Consider using dynamic pricing software that automates listing prices based on seasonal demand. These tools can help you push rental pricing as high as possible while ensuring the property stays rented. These can be useful for advertising last-minute deals on bookings as well.
Hire a Property Management Company
One of the easiest but best things you can do to stay on top of Kisimmiee rental pricing is to get professional assistance. A reputable property management company will have its finger on the pulse of local market trends. They can use data and the latest technology, tailored to your rental's unique location and features, to find the sweet spot on pricing.
Learn More About Peak Season Pricing in Kissimmee
Peak season pricing can be challenging to navigate, but following the seasonal pricing tips above will help you get the most for your Kissimmee rental property. Enlist the assistance of a local property management company to ensure you are not leaving money on the table.
PMI Orlando MyPlace provides the highest-quality vacation rental management services in Orlando and the surrounding areas. We handle everything from marketing and guest services to accounting, reporting, regulatory compliance, and more.
Contact us today to learn more.
