At Rentals United, we\u2019ve been pouring through our own data and also looking at insights from other sources to identify strategies that could help property managers weather the storm.<\/p>\n\n\n\n
What we\u2019ve found is that a mindset shift needs to happen within the industry.<\/p>\n\n\n\n
Short-term rental property managers must be open to diversifying their business model<\/strong> and incorporating mid- and long-term bookings<\/strong> to offset the effects of the crisis and maximise their occupancy.<\/p>\n\n\n\n To sum up our findings, we\u2019ve created an ebook called The Next Business Model: How to secure your short-term rental business with mid- and long-term bookings<\/strong>.<\/p>\n\n\n\n As we all know, the crisis has resulted in a sharp decline in short-term rental bookings.<\/p>\n\n\n\n As travel restrictions were imposed, demand for vacation rental properties suddenly plummeted and property managers were left with empty gaps in their calendars.<\/p>\n\n\n\n At the same time, demand for mid-term bookings<\/strong> (1-6 months) started to increase<\/strong>. We explored the reasons behind this in our Is mid-term the new short-term?<\/em><\/a> webinar.<\/p>\n\n\n\n Another trend we saw is that owners and property managers started moving away from the short-term model and renting out their properties on a long-term basis<\/strong> to recover their occupancy.<\/p>\n\n\n\n We\u2019ve talked about the convergence between hotels and short-term rentals<\/a> on this blog before.<\/p>\n\n\n\n What we\u2019re seeing now is the convergence between short-term rentals and real estate<\/strong>.<\/p>\n\n\n\n Validate against 2022 Industry Trends<\/a>.<\/p>\n\n\n\n Furnished apartments can be rented on a short-, mid- or long-term basis: this flexibility<\/strong> makes for an attractive venture. And, it\u2019s much easier to go from short-term to long-term than the other way around<\/a>.<\/p>\n\n\n\n Seeing these trends, we started wondering: could a rental model that mixes short-, mid- and long-term be the solution to coming back from the crisis?<\/p>\n\n\n\n We dug deeper and gathered all our findings in a 35-page ebook.<\/p>\n\n\n\n The New Business Model ebook is a guide for property managers who are open to diversifying their business model with mid- to long-term stays<\/strong>.<\/p>\n\n\n\n You\u2019ll learn about:<\/p>\n\n\n\n Disrupt Future Property Management<\/a> standards.<\/p>\n\n\n\n If you\u2019ve been rethinking your business model and considering a shift towards mid-term or long-term rental management, you\u2019ve come to the right place.<\/p>\n\n\n\n This ebook has everything you need to know about the two rental models that you may not be familiar with, and how to get started with them.<\/p>\n\n\n\n It\u2019ll help you mitigate the effects of the crisis<\/strong> on your short-term rental business and bounce back quicker<\/strong>.<\/p>\n\n\n\n If you follow the steps laid out in this ebook, you\u2019ll not only increase your occupancy and revenue<\/strong> but you\u2019ll also crisis-proof your business<\/strong>.<\/p>\n\n\n\n At Rentals United, we believe in the power of data. So we took the time to find the most reliable data sources out there to inform our recommendations for property managers.<\/p>\n\n\n\n One of our main resources was an exclusive report<\/a> by the vacation rental data provider Transparent, published earlier this week. We used insights from this report to analyse supply growth for mid-term rentals, compare mid- and long-term rental prices and more.<\/p>\n\n\n\n We also relied on insider data from our distribution partners.<\/p>\n\n\n\n![\"\"](\"https:\/\/rentalsunited.com\/wp-content\/uploads\/2023\/03\/ebook_facebook_CTA-600x314-1.png\")
<\/figure>\n\n\n\nWhy choose a flexible rental model<\/h2>\n\n\n\n
<\/figure>\n\n\n\nWhat this ebook contains<\/h2>\n\n\n\n
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How will this ebook help you?<\/h2>\n\n\n\n
<\/figure>\n\n\n\nOur resources<\/h2>\n\n\n\n