Marketing 5 Ways to Rank Higher on Booking.com The success of your vacation rental business depends on maximizing conversions by promoting your listings effectively. For many property managers, a smart multi-channel strategy includes Booking.com.
Operations How To Create A Vacation Rental Business Plan This guide will help you to organize your thoughts and lay out a clear plan as to how your rental business will be successful today and in the future.
Operations Vacation Rental Cleaning Guide with Checklist: Everything You Need to Know Put your best foot forward right from the start by establishing and following a detailed clean routine. A fine-tuned clean routine with attention to detail is a sure-fire path to achieving the standard that will keep the masses praising, and confidently booking, your properties all year long.
Channels How TripAdvisor Rentals Can Boost Bookings And Your Bottom Line When people book a trip, accommodations are just part of the equation. That’s why promoting your short-term rentals on a site like TripAdvisor, which streamlines travel planning from end-to-end, can be a strategic advantage.
Marketing How to Minimize Guest Cancellations The past five years has brought a tremendous rise in awareness of short-term rentals, driving demand for what used to be a relatively niche industry. But growth doesn’t always go smoothly, and one side effect of this larger and more diverse marketplace is the number of guest cancellations.
Channels Airbnb Host Checklist to Master the Essentials Guest expectations don’t end with a bed and a roof, and your efforts shouldn't either! Whether you’re preparing to list your properties on Airbnb or are a seasoned industry veteran, it never hurts to review the essentials. We’ll cover everything you need to know to meet your guests’ expectations.
Channels Why HomeAway and Vrbo Are Smart Additions to Your Channel Management Strategy HomeAway and Vrbo are two of the most well known - and short-term rental branded - names in the vacation rental industry. Their strengths include its large, captive audience of travelers with high intent to book a short-term rentals, high value bookings and data-driven insights.
Operations Rental Arbitrage Explained: How to Grow Your Inventory Do you want to start your own short-term rental business but don’t think you have enough capital to get started? What if you could get started with a minimal investment and very low risk?
Operations Vacation Rental Agreement: What is It and What to Include In short-term property management, it's critical to ensure that all the i's are dotted and the t's are crossed before bookings roll in. This includes a clear outline of your policies and expectations in the form of a vacation rental agreement.
Product/Trends 7 Reasons Your Short-Term Rental Business Needs Direct Connections To market your vacation rentals, you now need to be listing your rentals on as many of the five major channels as you can. But adding listing sites to your channel management strategy without the proper set of tools isn’t always problem-free - especially when you are trying to scale your business.
Operations Hedge Against Risk in the Vacation Rental Industry with Channel Diversification Maximizing exposure and profits while minimizing expense is the most basic tenet of any successful vacation rental business. With so many channel platforms available, it’s easier than ever to maintain consistent growth in an ever-changing environment.
Operations How Does HomeAway’s Damage Protection Differ from Vacation Rental Insurance? Protection plans aren’t all created equal, and as a property manager, you have unique considerations. You must identify not only what’s best for your vacation rental properties, clients, and guests but also what’s best for your property management business as a whole.
Marketing How Vacation Rental Insurance Can Help You Perform Better in Channels Collecting a security deposit from guests has long been part of the routine for property managers and owners; but over the past few years, purchasing vacation rental insurance has become an increasingly popular - and beneficial - option.
Operations How to Grow Your Property Management Company in 3 Steps You can grow in two ways: inventory and revenue. For inventory, you can either approach owners and add them to your portfolio, or use rental arbitrage. But adding more inventory isn’t the only way to grow. Your goal should be to maximize each of your properties’ revenue potential as well.
Channels How Does Airbnb's Host Guarantee Differ from Vacation Rental Insurance? With $1 million of property damage protection for bookings through Airbnb’s Host Guarantee, it can be easy to grab on to the peace of mind Airbnb hopes the product provides. But to what extent are your properties protected?
Channels Is Booking.com Right for Your Vacation Rental Marketing Plan? In our experience, we’ve found that MyVR customers double their monthly revenue for every channel they add, on average. A good place to start? Add Booking.com, arguably the number one marketplace for short-term rentals.
Operations 7 Must-Haves to Manage Your Vacation Rental Business The short-term rental industry is a complex, constantly evolving marketplace, and managing even one vacation rental can seem like a full time job. When deciding to manage your vacation rental property, there is a lot to consider.
Channels How to Sync Your HomeAway and Vrbo Calendar In the vacation rental industry, there are some mistakes that can be more detrimental to your business than others. One of those mistakes is using manual syncing or iCal to sync your booking calendar across channels.
Channels How to List on Vrbo in 6 Steps The most efficient and effective way to book more nights and increase your revenue is by expanding your channel distribution strategy. With over 27 million visitors each month, Vrbo is an excellent choice when considering where to expand next.
Product/Trends A New Way to Protect Your Properties: Introducing Damage Protection by Assurant MyVR is excited to announce we’ve partnered with Assurant to launch a unique, fully integrated damage protection solution designed specifically for short-term property managers and offered exclusively on the MyVR platform - Damage Protection by Assurant.
Channels 3 Tips on How to Become a Vrbo Premier Partner While the best way to grow your business is to add more listing sites to your channel management strategy, you should also aim to maximize your performance on each channel. One way of doing that is gaining access to each channel’s elite host program, like Vrbo’s Premier Partner status.
Marketing How to Advertise Your Vacation Rental Properties Years ago, executing an advertising strategy was either expensive due to traditional media or difficult to get the exposure you wanted. But today, there are many strategic ways to advertise your vacation rentals that don’t require spending a fortune.
Channels Why Airbnb Should Be Part of Your Channel Management Strategy Diversifying your approach to vacation rental channels doesn’t just bring in new reservations, it can also help you make more money and future-proof your revenue stream against unexpected shifts in the marketplace - on average, every channel you add doubles monthly revenue.
Channels Which Channel is Best for Your Vacation Rentals: Airbnb vs. HomeAway vs. Booking.com vs. Vrbo vs. TripAdvisor vs. Expedia Airbnb, Booking.com, HomeAway, Vrbo, TripAdvisor and Expedia are some of the biggest brands in the vacation rental space, high-traffic marketplaces that link properties to travelers. But which are the best for your short-term rentals?
Channels Airbnb Host Fees: Everything You Need to Know Even if you are aware of the clout that Airbnb holds in an evolving vacation rental industry and the exposure it gives rentals listed on the platform, you may still have some logistical questions about the channel. One thing you may be wondering is how much it will cost you to list on Airbnb.