Vacation rental property management trends are a hot topic lately.
That’s because more people are renting out their home part of the time, or sometimes most of the time.
Here are some of the latest tips and trends in vacation rental property management.
Personal Touch – The #1 in vacation rental property management trends
Many owners of vacation rental property are going the way of smart, electronic lock boxes. The reason for this is that it makes it easier for the guest to arrive early or late, and to come and go as they please.
While that may be true, guests also appreciate the personal touch of being met in person, getting a quick walk through of the place they’re renting, and having any questions answered.
Speaking of the personal touch, guests absolutely love the offer of tours or events put together based on their interests – golf, wine shops & tastings, best foodie locations.
Doing this shows the guest that you want them to have a great time during their stay and are willing to go the extra mile.
Richer Experience – Why people choose vacation homes to rent
Sites such as Airbnb are becoming increasingly popular almost everywhere around the world.
(If you’re not familiar with Airbnb, be sure to check it out. you can get an Airbnb travel credit just for clicking and signing up.)
People who travel for pleasure or business are tired of the traditional hotel experience. Vacation homes offer a much richer experience.
They are located in local neighborhoods vs. business or tourist districts. Guests get a better idea of what the area is like. They can shop at the local stores and eat at the local restaurants. Plus they get to meet ‘real’ people rather than other tourists.
Easy To Use
Millennials make up the largest segment of vacation renters.
These are people who are used to using the internet and cell phones for almost everything. Online booking and payment makes managing a vacation property much more efficient, as does text messaging.
Sending a guest a quick text to make sure everything is going well is very much preferred over a phone call that could interrupt whatever they are doing.
Remember that the personal touch is one of the most important vacation rental property management trends.