5 tips to improve the profitability of your hotel
Vacation rentals in Spain continue to grow constantly. In 2024, according to information from It is given, an increase of 16.9% in new properties intended for tourist rental was recorded.
This shows that, despite the regulations, the sector remains attractive for large and small owners. Therefore, to improve the profitability of your hotel, it is ideal to have the services of a hotel operator with experience in temporary rentals.
There are several reasons to do so, but the most important are; the profitability of tourist rental and the increase in prices per night. According to INE data, the cost of a tourist room rose 7.3% in mid-2024, reaching 133 euros per night.
But of course, in order to take advantage of this very profitable market, you will need an experienced tourist apartment manager. However, at Dobo Homes, as a tourist hotel operator, we want to leave you some tips that will improve your profitability.
5 tips to improve the profitability of your hotel
According to data from World Newswire, the rental market will reach a market size of 107.14 billion dollars in 2028. Furthermore, will have an annual growth rate of 32.04%. These are very attractive numbers that you can take advantage of, improving the profitability of your hotel through tourist rentals.
To do so, follow these tips:
1. Turn your hotel into an attractive vacation rental
There are two key points to make your hotel rooms attractive to tourists who visit Spain every year.
The decoration. One of the most important aspects to improve the occupancy rate is the aesthetics of the rooms. If you are not sure, it is an idea that you contact a tourist hotel operator. We know that guests look for experiences that they do not have in their daily lives. Therefore, you can ensure more reservations by investing in attractive and functional decoration.
Offers services on demand. You must ensure that your guests are satisfied with the services you offer. In addition to the basics, such as towels, blankets, toiletries, you can offer free WiFi and a welcome gift. Creating experiences that the customer does not forget will help increase your occupancy rate.
If you want to improve the profitability of your hotel and free yourself from all the workload that this entails, a tourist hotel operator is ideal. In Dobo Homes, we take care of making your guests satisfied, we take care of your property and we guarantee to improve the profitability of your hotel.
2. Optimize prices by season
It is key that you analyze the seasonal demand for your hotel depending on where is found and adjust prices accordingly. For example, in peak periods such as March, April, June and July, you can increase rates.
Instead, From October to December you must offer packages or discounts promotional to attract more guests. But be careful, this does not affect all cities. If you have a hotel in Madrid or Barcelona, you know that demand is constant throughout the year.
Therefore, we recommend that you use software that allows you to automate pricing. In this way, you can ensure better income, maximizing the performance of your tourist hotel.
3. Improve the visibility of your hotel
You have to employ a multi-platform strategy to get your rooms in front of a large number of potential guests. In this way, the opportunities to increase the occupancy of your rooms grow.
Of course, it's not just enough to publish your hotel on a booking platform.
You have to make sure you make a good publication, with attractive images, detailing the services and with competitive prices. You should also use positioning strategies in the platforms' search engines so that your property appears in the first places.
It seems like a lot of fuss, doesn't it? Well, with the services of comprehensive vacation rental management that we lend at Dobo Homes, you won't have to worry about this. We have our own platform where we publish your property, putting it in front of thousands of tourists.
4. Be a 5-star host
Seek the total satisfaction of your guests, becoming a 5-star host. From the moment they contact you, the client must receive the best possible attention.
Make the entire booking, check-in, check-out process flexible and easy. During the stay, guarantees good service, welcome and farewell details, and above all, close treatment at all times.
This will encourage guests to speak well of your resort hotel, making it more attractive to new customers.
In addition, we also recommend offering personalized experiences to your customers, this increases the level of commitment.
It also motivates guests to spend more at your hotel and your business in general. According to Zendesk data, more than 90% of customers are willing to spend more when they receive personalized experiences.
5. Offer packages to your guests
This is closely linked to the previous advice. Offer personalized packages in hotels Not only does it improve the guest experience, but it also drives the property's profitability.
You can add complementary services such as rooms with panoramic views, included breakfast or extended check-out. This incentivizes customers to upgrade their stay for an additional cost.
He upselling It thus becomes a key strategy to increase income without the need to increase occupancy. By providing personalized options, guests feel more control over their experience, which increases satisfaction and loyalty.
Besides, you can take advantage of the 'bleisure' tourism trend, which combines work and pleasure. Integrating spaces designed for remote work along with leisure activities at the destination encourages longer stays.
What Dobo Homes can do for you
At Dobo Homes we offer tour operator services. That is, we take care of everything related to the management of hotels and tourist properties.
We offer:
Improve occupancy rate. We have tools that allow us to optimize the occupancy rate of your hotel, improving its profitability.
Comprehensive management. We take care of the entire operation of your hotel, as a hotel operator, we guarantee maintenance and excellent guest service.
Detailed reports. We send you periodic reports on the profitability of your property, maintaining constant and clear communication.
Strategies adapted to your hotel. We review the situation of your hotel and create specific strategies to improve the profitability of the property.
So, are you prepared to improve the profitability of your hotel with tourist rentals? All you have to do is leave everything in our hands.
Contact us now and maximize the profitability of your hotel.