How much should you charge for your property listed on Booking.com? Can your rates be further optimized for maximum revenue? It can be tricky to find the ideal balance without risking revenue or occupancy loss but it’s not impossible! There are several vacation rental pricing options available at Booking.com to help you maximize earning in the long run. Here we take a closer look at them to help you decide on the best one for your business!
Property Managers work closely with Property Owners offering hassle-free hosting, solving concerns and proposing the best solutions for maximum return on their vacation rental investment. Solutions such as automating distribution! But how do property managers solve owners’ concerns about advertising on instant booking while using a Channel Manager?
Since revenue management was introduced over 40 years ago, travel companies like airlines and hotel chains have developed advanced techniques, software and analytic tools to help build successful revenue strategies. Maximizing profit through price variation is crucial for vacation rental businesses nowadays! If you haven’t figured out your strategy yet, you’ll find here the 7 Essentials of Vacation Rental Revenue Management to get started!
Looking for a holiday book suggestion? We’ve asked leading vacation rental industry experts what’s on top of their summer reading list and got amazing recommendations to share! A huge thanks to the experts: Andrew McConnell, Heather Bayer, Vanessa de Souza Lage, Antonio Botolotti, Jessica Gillingham and Tyann Marcink.
Numerous large vacation rental management companies started out as small endeavors, perhaps with a few family-owned holiday homes, and steadily grew into successful established brands. Along the way, they tried various strategies to acquire new vacation rental properties, developing a structure around owners’ needs and building a strong reputation of their own. Read below for 6 proven ways to Increase your Property Management Portfolio used today by top property managers. Why not apply them right away?
One of the world’s largest tourism company to-date, TUI Group, counts with a strong portfolio of tour operators, 1600 travel agencies, 6 airlines, 15 cruise liners and other agencies in all major holiday destinations. When it comes to vacation rentals, TUI’s online marketplace consists of TUI Villas and atraveo whose offering today has reached over 300.000 properties throughout Europe and beyond. We sat down with them and asked all that you need to know to list your vacation rentals on TUI.
Everyday we meet vacation rental professionals from all over the world and they range from self-starting owners and property managers, to real estate agencies and large vacation rental suppliers. It’s a delight to see and contribute to their growth, therefore we make it our mission to not only help them achieve success, but also to understand the core values of their business. What are the key success factors we find frequently in vacation rental business strategies? Read on for our 5 takeaways.
Are your properties visible to targeted audiences on niche listing sites for vacation rentals? Which sites are the most suitable for your market, guest preferences and property type? We’ve asked our top performers your most frequent questions and today we look closely at misterb&b – the household name in the gay community!
What is the difference between Nightly Rates and LOS Rates? What do you call a software that uses AI to suggest pricing? These are some of the most common questions that we receive everyday from property managers and owners around the world. With the vacation rental business growing in innovative software providers and a rich variety of listing sites, we come across many terms and for this reason we decided to create a handy vacation rental industry dictionary – you can easily download it here and use it to look up terms you’re unfamiliar with. It can also become useful when training new staff members!
An indicator of the vacation rental industry evolution is a large number of events and conferences attended by passionate professionals who get together to grow, innovate and strengthen the market. It´s the perfect opportunity to learn and share, become inspired by influencing speakers and meet peer and experts. That’s why we have created the ultimate list of crucial vacation rental industry events of 2018 and a downloadable ical calendar to boost! Hopefully, we will see you at one of them!