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Case Study: Coastal Apartment

Before PlaceMates (February 2024):

  • Nightly rate: $150–$200
  • Single-night bookings common
  • Listed on Airbnb only
  • Sporadic occupancy

After PlaceMates Setup (October 2024):

  • Nightly rate: $220–$350
  • Minimum 2-night stay, average booking length 5–21 nights
  • Listed across multiple platforms (Airbnb, Stayz, Google, Expedia, Booking.com)
  • Higher cleaning fee supporting quality standards

What we did:

  • Full property styling refresh ahead of peak summer season
  • Photography and listing optimization
  • Multi-channel setup (Airbnb + Stayz + Booking.com)
  • Pricing strategy repositioning for mid-term stays
  • Operational systems to support premium pricing

Result: Within 2 weeks, nightly pricing increased by 75%, average booking length increased from 1-2 nights to 5-21 nights, and the property maintained strong occupancy through peak season with pricing held firm across all platforms

 

 

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