One-third of new hires quit their job after just six months. Training your employees is absolutely critical to employee retention, leading some 73% of organizations to revamp their entire onboarding process to foreground retention.
If smaller property management companies want to be on OTAs, they have no choice but to work with their Property Manager Software System (PMS) or a Channel Manager (aka OTA Middleman). The problem with this model is that it can be inherently inefficient, expensive and in many cases, more trouble.
Hear from VRMA President Mike Harrington on branding for vacation rental management companies.
The process of transitioning your vacation rental business to new ownership is relatively simple — but there’s very little information out there about how to do it right.
In recent years, the online travel platforms have made the business of renting out a property so much easier. This is great for us as property managers, but it’s now just as easy for a property owner to do their own marketing, advertising and administration.