What You Need To Know In The Vacation Rental Industry 06-24-2017
What if the industry assumptions about OTAs are wrong?
The vacation rental industry is finding itself at yet another turning point in its history. Online distribution channels have consolidated, with four major players taking the lead: Airbnb, Priceline-owned Booking.com, Expedia-owned HomeAway (and VRBO.com), and TripAdvisor. Phocuswright’s 2016 study “A Market Transformed: Private Accommodation in the U.S.” reported that “while property management websites held the advantage as recently as 2013 [just under 60 percent], online intermediaries will capture 63 percent of the online market in 2016, rising to 70 percent by 2018.”
Read on: http://www.vrmintel.com/industry-assumptions-otas-wrong/
How Can You Actually Save Money on Managing Your Rental Property?
Managing rental properties comes with many challenges. As your business grows, those challenges often get bigger and more complex. There are many moving parts from scheduling housekeeping and staying on top of repairs and maintenance to marketing properties and creating positive guest experiences.
Read on: https://bookingteam.com/2017/06/23/how-can-you-actually-save-money-on-managing-your-rental-property/
Vacation Rental Sales: How to Explain High-Season Rates
The phone conversations vacation rental agents are having with today’s callers has changed in many ways. Now that potential guests can see multiple photos and virtual tours, there is still one question that callers continue to challenge our agents with every day: “Why are the rates so much higher this time of year?”
Read on: http://www.vrma.org/blog/vacation-rental-sales-how-to-explain-high-season-rates
Thanks for reading, if you have a Vacation Rental STOP... do not do one more thing before checking out www.bookingteam.com where we can look after everything for you... it's your own personal booking team, around 24/7 for you and your guests.
The breaks you take from work pay you back manifold when you return because you come back with a fresher mind and newer thinking. Some of your best ideas come when you're on vacation...one day Vacation Rental Industry will be a huge Industry
Well written and informative. Thank you for posting this. Steem On! :)
I'm wondering if the business model of bookingteam.com is rental or writing. Both seem to work well. ;-)
Nice post @bookingteam.com
Thanks for sharing a new knowledge for me..
glad to see you on this community... let enjoy this to exploring writing the post and i look forward sharing story and photo on Steem! I'll follow you^^
and hopefully you follow me back as well.... @giigii
Sounds like a great team that you guys have. The vacation rental market is booming. I recently took a trip to Monterey where the hotel prices are insane (pebble beach & spanish bay). We stayed in the 17 mile drive and by renting a house with our group of 6 we saved well over $1000 dollars. Also felt that our experience we had was better than the local hotels we have used in the past. Lol at all these "bot" people spamming "great post!" below. smh
That sounds great @golfncrypto by renting a home you saved a lot since they are nearly always much cheaper than hotels. Especially when traveling in groups. The sharing economy will keep growing, even on steemit now :)
So true. Sharing is caring :))))))) Thanks guys. Enjoy your day!
Thanks for the informative post! Maybe it'll be helpful in the future when I'll be able to afford to even take a vacation somewhere, lol.
sharing is caring
Yes it is!
Nice post. Already checking out vrma.org!
The success of any business is consistency and a capable team.
I think this Industry is growing day by day ... and one day Vacation Rental Industry will be a huge Industry....I think that will also need of blockchain technology...
What an excellent post again!