What You Need To Know In The Vacation Rental Industry 07-16-2017

Hey there everyone, welcome to the BookingTeam "What you need to know in the vacation rental industry" blog post! See below for everything to keep you up to date with the vacation rental industry. Enjoy!

Could Property Management Companies Disappear? Speakers at vacation rental conference show concern.

On June 8, I attended a VrTech (vacation rental technology) event in Rome. I was there to bring back industry education for my Booking.com Homes & Apartments team, as well as to push forward several deals with some companies present. Yet, I was quite amazed by how each and every speaker presentation seemed to imply that property managers were under threat.

Just as I did for VrTech Paris 2016 French vacation rental companies, I am sharing here my notes with you. Let me know in the comment section below what you think.

Read on: http://www.rentalpreneurs.com/property-management-companies-vacation-rental-conference/

HOW MUCH IS AIRBNB REALLY COSTING YOU?

Airbnb is undoubtedly one of the biggest travel start-ups to emerge from the sharing economy in recent years. Its unparalleled success is, in large part, due to the fact that anybody can become an Airbnb host via the platform.

Whether your offerings are simply a spare bedroom, a cottage out in the countryside or even a whole fleet of luxury beachfront villas, up to now, Airbnb has helped some 640,000 hosts to find more than 160 million guests for their properties.

Read on: https://www.lodgify.com/blog/airbnb-vs-lodgify/

Follow the Wall: Vacation Rental Housekeeping Tips

One of the foundational pieces of an outstanding housekeeping routine is the discipline to follow the wall. When I learned this principle it was a professional life changing experience and I encourage you to follow it as well for ultimate success in your turnovers.

This principle has served me well when I clean and when I inspect during a changeover. Essentially, it is just using the wall as the roadmap for the cleaning practice by literally touching the wall as you move through the property. It ensures that every part of the property is looked at in a systematic and orderly way, including the closets, cabinets, under furniture, and behind doors.

In the hospitality industry, both the housekeeper and then the inspector practice following the wall. When following the wall, either to clean the property or to inspect it, there are several things to remember.

Read on: http://www.vrmintel.com/13593-2/

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