As someone who has been consulting software customers, and later designing software products, I have spent a decent amount of my professional life on the road. A couple years ago, I spent around six months visiting vacation rental property managers’
In the hospitality industry, getting your pricing strategy right while avoiding being undercut by your competitors is a complex task that requires your constant attention. Furthermore, creating the right pricing strategy for your vacation rental management company can be quite difficult, given
Increasing the profitability of a vacation rental management company rarely calls for drastic measures. A few small changes to some key areas of your business can deliver much better results than cutting back on important services, like housekeeping and maintenance,
Vacation rentals have already become a popular accommodation alternative to hotels and resorts. But the popularity of vacation rentals is projected to rise even more over the coming years. While this may mean good news for the companies operating within
Originally inspired by the work of sci-fi writers and artists, advanced technologies are no longer fiction (or magic). From contactless payments to virtual tours and self check-ins and check-outs, today’s technologies can play a number of different roles in the
These days, delivering a great guest experience goes beyond offering certain services and amenities. Every single detail, including the comfort, convenience, and enjoyment you offer to guests, could turn a satisfactory experience into one they’ll remember as extraordinary.
As we discussed in a previous article, most of today’s travelers prefer using digital payment methods, which range from credit and debit cards to e-checks and e-wallets. While accepting different types of payments could help you attract more guests, people
If we were to describe the vacation rental market in one word, “ever-evolving” would probably be the best term to use. Year after year, lodging management companies are challenged to keep pace with changing market conditions, new guest expectations, and
After the holidays, most lodging management companies see things slow down for a little bit. Although a seasonal slowdown may translate into fewer guests and lower revenue, you can use this time to focus on other aspects, such as finding
Currently, people can use different search engines to look for information online. However, about 80% of internet users and 95% of mobile users turn to Google in order to find the information they need. This makes Google the most popular
If you’re new to vacation rental management, “OTAs” and “metasearch engines” are two terms you’ve probably come across recently. Although OTAs, as well as metasearch engines, enable travelers to search for and book accommodation, flights, car rentals, and even travel
According to industry sources, Millennials and Gen Zers (also known as Zoomers) are slated to be the largest group of consumers by 2030. Since the influence of these two age cohorts will continue to grow, it only makes sense for
