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.
How to Detect Cigarette Smoke in Vacation Rentals: A Guide for Property Managers
In the world of property management, ensuring your short-term rental remains smoke-free is essential. Guests smoking in your property can have far-reaching effects, impacting not only your revenue but also the value of your investment and the overall satisfaction of your guests. In this comprehensive guide, we’ll explore the importance of maintaining a smoke-free vacation rental, effective methods to detect smoking incidents, and the role of specialized sensors in preventing and monitoring smoking.
Summer 2023: U.S. Vacation Rental Market Winners and Losers
We revealed this month how the U.S. vacation rental market saw a 16.8% real terms decline in revenue per available rental (RevPAR) this summer. But not all property managers are experiencing that sort of slowdown. This is an average figure for the entire United States, and no two businesses are the same when it comes to their actual short-term rental investment performance.
7 Market Trends VRMs Need to Know for the End of 2023
By Dillon DuBois | 9/15/2023
With 2023’s peak season now wrapped up, it makes for a perfect time to step back and take the pulse of the short-term rental (STR) industry. Are we still in Airbnbust territory? Is there light at the end of the tunnel? What are the main talking points we can bring up to homeowners and colleagues? Here are seven main takeaways property managers need to know about the STR industry for the remainder of the year.
Data Tips: How to Make the Most of Guest Demand
Sponsored by Key Data Recent years have given rise to a short term rental “boom,” as more and more guests choose alternative accommodation for leisure vacations, business trips, a mixture of the two (known as bleisure or blended travel), digital nomadism, and more.