This year has profoundly impacted the vacation rental industry. Property managers have had to adjust business processes to meet new guest expectations. Whether it be offering a contactless check-in experience, adding additional cleaning protocols, or using new marketing tactics and tools, as we approach the final months of 2020, it is important to take a moment to reflect on these processes. Rising to new challenges has brought both opportunities for improvement as well as growth ..read more

Netflix is raising prices, again – by 12%. Though some consumers might whine, and ask, “how can they keep doing this to me?”, this is yet another great opportunity for property managers and homeowners alike to learn valuable lessons in pricing strategy ..read more

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Recent reports emerged that Airbnb’s stays in urban areas have dropped up to 50%, also suggesting that many hosts will likely look elsewhere to get more bookings. But is Airbnb to blame? These articles gloss over the obvious fact: COVID-19 has changed the way we travel, maybe permanently ..read more

Optimizing for demand is often one of the most difficult tasks as a make as a property manger, but with a few useful strategies you can create a strong framework to help maximize occupancy and not lose out on valuable revenue. Here are 5 of the best strategies I've found to help PM's and owners better manage and optimize minimum night requirements and length of stay pricing.  ..read more

Wouldn’t you love to get 7-night stays or longer on every reservation? If only all demand was for 7 nights or more….a girl can dream. But getting to the point (and reality), let’s break down the length of stay (LOS) strategy into a top 3 list of tips and tricks ..read more

The travel market is facing unprecedented uncertainty. In the best of years, predicting what will happen for a specific vacation rental is hard. This year it’s nearly impossible. Booking patterns have changed dramatically, with most bookings happening in 2-3 week windows (rather than the 6-12 months of last year). So, what can you do ..read more

  As the owner of a rental property, you’re always on the lookout for new ways to boost revenue and maximize your investment. Not only does this help ensure you’re maximizing your profits but it also opens you up to more opportunities through additional income. The best way to increase your revenue is through a comprehensive strategy that matches up with your goals and your market. Increasing the value of your vacation property through home improvement, combined with proper financial management, and dynamic pricing strategies can help you to improve your profit margin and increase revenu ..read more

  Airbnb is doing a crazy, pandemic-induced experiment: not advertising on Google. While all companies are taking this time to cut costs and operate leaner, this is different, and will likely destroy a tremendous amount of value while adding fuel to already growing competitors. For Airbnb’s sake and the property managers and owners that depend on them, I hope they reconsider this strategy, and fast! There are data-driven reasons why resuming Google spending is critical for Airbnb’s long term success ..read more

We asked our partners at Guesty, one of the leading Property Management Systems, how Property Management companies could leverage technology in the rebound from COVID -19. Here are the Guesty Team's Top 3 recommendations for vacation rental managers.  ..read more