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The Roomiepedia
  1. How to list a room (Back-end)
  2. Sales Department
    1. Our Mission and Vision.
    2. Useful Links
    3. Recruitment
      1. Junior Sales Representative
    4. Info Hoteles FAQs
      1. Stay at 7
      2. a&o
    5. Sales Team Leader
    6. Coupon
  3. Customer Support
    1. Our Vision
    2. Customer Support Roles
    3. KPI'S (Key Process Indicators)
    4. Tickets
      1. How to create Tickets using Hubspot
      2. Ticket Lifetime
        1. 1-Ticket Setup
        2. 2- Set ticket owner
        3. 3-Action Taken
        4. 4-Stage change
        5. 5-6-7 Task Setting - Follow up and Ticket Lifetime
    5. Booking Process
      1. Double-check Booking
      2. UR Booking Request Proforma
    6. Refund Process
    7. Property Contact Information
    8. Templates
      1. First response
      2. Refund not applicable
      3. No availability
      4. Archer Call
      5. 01 - Booking Response
      6. 02 - Booking Request
      7. 03 - Booking Confirmation
      8. Refund Request (RR)
      9. PayPal Payments
    9. Negative Booking Request Procedure
    10. Glossary
  4. Survey for leads and chats
  5. The Netherlands
    1. Registration Advisory - The Netherlands
    2. REGISTRATION BSN - BSN RNI
    3. Bank Accounts
    4. Health Insurance
  6. Tourist and City Taxes
  7. Correcting information in deal
  8. Community Management
  9. Business Development
    1. The Business Developer Role
    2. 7 skills you need in business development
    3. The Hotel Industry
    4. Understanding Long-stay
    5. Setting up Long-stay Rates
    6. a&o Contacts
    7. Hotel/Hostel criteria
  10. Hotel contacts
    1. a&o
    2. Steelhouse
    3. King-Kong
    4. iPartment
    5. Best Western Plus Amstelveen / Zaandam
    6. Stay at 7 (Delft & The Hague)
    7. Dakura
    8. Neohostel Berlin
    9. Visito Aparthouse (Sofia, Bulgaria)
    10. The Boc (Mallorca)
    11. The Flying Pig (Noordwijk/Leiden)
    12. Van Maric (Berlin)
    13. Hostel Bergen Montana, Noruega
    14. Salerno (Rome)
    15. Sun & Moon (Barcelona)
    16. Art Factory Soho y San Telmo (Buenos Aires)
    17. Babel Departamentos (Buenos Aires)
  11. IT Support
    1. Hosting Size Limit Exceeded
  12. Project Management
  13. ClickUp Project Management System
Understanding Long-stay {{ currentPage ? currentPage.title : "" }}

Understanding Long-stay

A rapidly growing industry

There’s a real opportunity for traditional hotels and vacation rentals to capitalize on the long-stay segment. A report from Kalibri Labs and The Highland Group reveals that guests staying seven consecutive nights or longer spend 57% more at traditional hotels than guests at serviced apartments (extended-stay hotels, as they are called in the US). Additionally, the report highlights that traditional hotels are hosting 28% more extended-stay room nights than serviced apartments, further highlighting consumer appetite for long-stay product offerings. 

Targeting new guest segments

The reality is, in today’s travel landscape accommodation providers should explore every growing segment possible in order to fill rooms. The rise in long-stay demand offers partners an opportunity to reach and capture new markets - such as domestic vacationers, families, remote workers, and expatriates, to name a few - while boosting occupancy and increasing revenue.  

Along with helping partners secure revenue for a longer horizon, long-staying guests can defray (provide money to pay for) labor costs associated with constant room turnover and decrease operational hassle.

With long-stay guests, the operational pressure is decreased while the occupation is increased

What long-stay guests are searching for 

Our user research reveals the main reason leisure travellers opt for a longer length stay is to relax and enjoy peace of mind in one place. Additionally, guests who are looking to get away long-term or work from another location prefer to stay at a property that has a high review in cleanliness. 

Long-stay travellers are more likely to look deeper into facilities and amenities of the property compared to short-stay guests. The longer the trip, the more important self-service becomes. These guests desire amenities that can make for a comfortable stay, such as having a wardrobe space and a coffee maker or kettle to ease into the days. 

While both hotels and vacation rentals are very popular with travellers looking for longer stays, their preferences differ slightly when it comes to key criteria. Home bookers put more emphasis on privacy and their ability to be self-sustainable with included equipment, whereas hotel bookers expect professional services that enable them to switch off from their everyday life. 

How partners can profit from Long-Stay deals with Urban Roomie?

To benefit from the increased demand for long stays, partners can set up attractive bi-weekly, monthly, and tri-monthly rates.

What also helps is an up-to-date listing that highlights the facilities long-stay guests are looking for - such as strong wifi, co-working areas, shared kitchen, gym - along with any unique facilities that can contribute to a comfortable stay. 

These rates can be adjusted & readjusted to the individual business model, seasonality, location of the property, and revenue goals.

These rates should be built taking into consideration the rental prices of the traditional house market in the city or neighborhood where the property is located.

Continue reading Setting Up Long-Stay Rates

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