It can cost 5-10 times more to acquire a new customer than to retain an existing one. Adding to the mixture, 70% of people that stay in a vacation rental do not remember who they stayed with! So implementing loyalty programs is a crucial opportunity and here’s all you need to know to apply one.
In today’s competitive market, a strong Public Relations strategy could be the one asset that makes your vacation rental brand stand out. We asked the vacation rental PR pro, Jessica Gillingham about the impact of PR on rental businesses, how to approach journalists and which publications professional managers should focus on.
Have you noticed the increase in vacation rental mergers and acquisitions over the past year? The consolidation of property management and technology companies is underway, and it’s happening quickly. Check out these 7 recent deals that will transform our industry.
It can be hard to stay on top of trends, news and developments when you’re busy managing rentals around the clock. Yet, thanks to social media, you won’t feel left out from important conversations. Here are the LinkedIn & Facebook groups to join for expert tips and insights.
Choosing a Vacation Rental Software is a major decision. Aside from a Channel Manager for marketing and distribution, you may need a property management system (PMS) for operations, guest communication, housekeeping, accounting or more advanced options, such as building a website, SEO and content management, taxes, even reporting to police. Here’s a list of the Top Vacation Rental Software providers today!
Real estate managers and developers venturing into vacation rentals have the assets to be successful – but do they have the know-how? In this guide, we go through the fundamentals needed to proficiently launch short-term rentals within a real estate business.
All successful property managers use smart pricing strategies as a part of their revenue management strategy. Want to learn from them? Check out the top 3 vacation rental pricing hacks that will help you optimise for occupancy and maximise profit!
VC firms are actively investing in vacation rental companies, and the last few months have seen quite a few short-term rental property management startups raising impressive funding rounds. Here are 10 companies that are looking to become market leaders!
Google adding vacation rental listings is a significant shakeup for all stakeholders in our industry. That’s why we’ve created an extensive eBook that explains all the details around this significant development; a great read for all professional property managers.
Here are the 20 startups shortlisted for the 2019 VrTech Startup Competition! These companies are building revolutionary tech solutions that move our industry forward. It’s time to vote for your favourite and see them pitch on stage at the Vacation Rental World Summit!