A Path to More Sustainable Operations
By Michelle Williams | 4/23/2024
Sustainability has become an increasingly vital focus of late in various industries, including vacation rental management. Engaging in more sustainable back-of-house operations has numerous benefits for a vacation rental business, encompassing environmental, economic, and social dimensions. For instance, contributing to the global effort to reduce environmental impact can enhance your guest experience and strengthen your brand as a responsible and forward-thinking business.
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Rising Star Award: Jeff Iloulian
3/13/2024
The VRMA Excellence Awards celebrate and recognize the incredible work, contributions, and impact that vacation rental professionals have made in the past year. We are highlighting each of the 12 award recipients in 2023, continuing today with Rising Star Award recipient Jeff Iloulian.
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The Challenge of Managing Vacation Rentals Across Multiple Markets
By William Parry | 2/13/2024
Ambitious property managers who want to diversify and grow their inventory, scale their business and further establish their brand often look to international markets. Working across multiple countries can bring significant advantages and profit but can also present a variety of challenges.
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Podcast
Inside KEY.co’s Capital One Venture X Partnership
12/18/2023
Kim Lalande from KEY.co discussed significant updates since their last conversation. The company has experienced substantial growth, expanding its curated home inventory from 700 to over 3,000 properties, aiming to hit 4,000 by year-end. A major announcement was their partnership with Capital One Venture X program, targeting high-end spenders with curated inventory and personalized services, enhancing the overall stay experience.
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What’s in a Name, and the Inevitability of Risks, Hazards, and Failure
By Jessica Gillingham | 12/11/2023
During these troubled times, it’s hard to stop and think, but it’s important we do. A great deal is going on in our collective industry, but it is also really important to stop and think about the risks and potential hazards ahead. Particularly when we are faced with such uncertain and challenging times globally.
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Beyond Rent: Creating New Revenue Streams for Your Business
By Brise Carpenter | 12/5/2023
As the hospitality world has evolved beyond traditional accommodations with the emergence of game-changing platforms like Airbnb and Vrbo, property owners have strategically embraced more and more ways to monetize their assets. The opportunity to rise above mere rent collection beckons. With thoughtful implementation and by embracing the intricacies of direct and arbitraged upsells, platform referrals, coordination fees, and affiliate deals with other vacation rental management companies (VRMCs), hosts can further prosper in an ever-expanding market.
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Podcast
Innovating Procurement with Ashley Ching
11/27/2023
Ashley Ching, the founder and CEO of Inhaven, discussed her professional procurement solution for the vacation rental industry in an interview for the VRMA Arrival podcast. Inhaven helps vacation rental owners and property managers standardize the products in their homes and maintain those standards through a tool called Inhaven Keep. Ching shared her background as a mother of four and a frequent traveler, highlighting the issues she faced with inconsistent and misleading descriptions of vacation rentals.
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Navigating the Vacation Rental Market with Travel Insurance Expertise
By George Meshkov | 11/27/2023
The vacation rental market has witnessed remarkable growth in recent years, with travelers seeking unique and personalized experiences. For property managers, this dynamic landscape offers tremendous opportunities but also comes with its share of challenges. In this article, we will delve into essential strategies for property managers to excel in the vacation rental market, catering to both seasoned professionals and newcomers.
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