Latest Round of Paycheck Protection Program Includes Up to $2 Million Loans for Some Vacation Rental Business Owners
The reopening of the federal government’s Payroll Protection Program (PPP) is great news for the vacation rental industry. Although vacation rentals have fared better in some cases than might have been expected last spring, many vacation rental managers and their employees are still hurting after months of uncertain business. The PPP offers financial assistance that […]
If you ever sit on the subway or walk down the street in a busy city, you’ll notice that the majority of people around you are either on their phones or looking for their phones. But with nearly 4 billion smartphone users worldwide and high demand for connectivity on the go, this comes as no surprise. The smartphone industry has skyrocketed and will continue to leave its mark as it evolves with speedy networks and futuristic designs. In fact, it […]
The Secret Sauce of Large Property Managers- Interview With Turnkey Co-Founder and President T.J.Clark
It’s easy to make blanket statements about vacation rental performance. Throughout this year, we’ve heard many of them: “Vacation rentals are doing well.” “Beach markets are thriving.” “No one wants to stay in condos.” These statements have been widespread as the industry has scrambled to react to the COVID-19 pandemic, Understandably so, but not always […]
The post Timing is Everything: The Impact of Seasonality on COVID Recovery for Southeast Destinations appeared first on VRM Intel.
New year, new integrations. 2021 is less than a month old and we’re already proudly honoring our resolution to provide even more ways for Guesty users to manage better. With this latest batch of business-enhancing additions to our integrations Marketplace, we’re setting the tone for a 2021 brimming with efficiency and growth. Integrations: Dack: Guest […]
The post January Marketplace Roundup: Meet Our Newest Partners appeared first on Guesty.
Though generally considered a drawback of the short-term rental business, the seasonal nature of the industry actually provides hospitality companies with a unique opportunity to reassess and improve their business strategies. Joining Guesty’s Director of Sales (EMEA) Tomer Rosenblum to discuss utilizing low season to build up your tech stack were Jeremy Gall, CEO of […]
The post Be Our Guest(y): Taking Advantage of Low Season to Build the Ultimate Tech Stack appeared first on Guesty.
Valentine’s Day has become one of the most popular times for couples, friend groups and solo travelers alike to book a romantic vacation rental getaway. And in 2021, spending quality time with those you love has never been more important. Whether you’re thinking about planning a romantic getaway with your partner, a weekend staycation for …
The post 6 Romantic Vacation Rentals for a Valentine’s Day Getaway appeared first on TurnKey Blog.
Guesty’s Revenue Management suite of tools was created for a simple but worthy purpose: to help our users make more money. It is with this goal in mind that we enthusiastically introduce three valuable new capabilities, all designed to further simplify the art of pocketing more profit. **Rate plans currently sync with Booking.com. We will […]
The post Pocket More Profit With Guesty’s New Revenue Management Tools appeared first on Guesty.
Wait, what happened in 2020? We’re taking a look back at the major vacation rental travel trends of 2020, and offering seven key insights into how traveler behavior has changed. Here’s what you need to know. Vacation Rental Travel Trends During COVID-19 Travelers Stayed Closer to Home This Summer: Starting in June and continuing throughout …
The post The Latest U.S. Vacation Rental And Travel Trends (2020) appeared first on TurnKey Blog.
As a vacation rental owner, you’ll come across many key performance indicators that are vital to property management. These KPIs represent the success of a company and help business owners make informed and strategic decisions. Whether you want to focus on revenue management, competitive benchmarking, or occupancy trends, using KPIs will lead to much more accurate results. What Is the Average Daily Rate? The average daily rate is one of the top KPIs to measure the operating performance of your […]
The Principles That Have Guided Meredith Lodging through the Global Pandemic, Raging Forest Fires and Personal Family Challenges
Meredith Oksenholt and son, EJ, keeping an eye out for passing whales in the Bella Beach community of Depoe Bay. As with many vacation rental business owners, 40-somethings Jon and Meredith Oksenholt didn’t set out to build one of Oregon’s fastest growing, full-service, 700-unit vacation rental businesses operated by upwards of 200 staff members. It […]
INFOGRAPHIC: Consumers Confident When Booking Spontaneously & The Threat of New Strains Means Longer Stays
Last-minute bookings and flexible cancellation policies have made consumers confident enough to book again – and for longer. Spontaneous travel has been trending since the summer, and this pattern will continue throughout Q1 2021. The average length of stay is also back on the rise after slightly decreasing in the fall. This is not surprising […]
The post INFOGRAPHIC: Consumers Confident When Booking Spontaneously & The Threat of New Strains Means Longer Stays appeared first on Guesty.
This is a guest post from Guesty Marketplace partner Puls, an in-home service solution provider for property management companies. These days, you’ll be hard pressed – with few exceptions – to find a rental without some form of television or another. While for some that might mean a colossal holdover from the last millennium, their […]
The post What Entertainment and TV Experiences Travelers Expect From Their Short-Term Rentals appeared first on Guesty.
Like every great business venture, short-term rental management is not without its risks. Before opening their doors to guests, property management companies should take diligent measures to minimize their properties’ vulnerability to damage and, of course, potential injuries to those staying there. Here are 6 ways professional hosts can ensure smooth and safe stays. 1. […]
The post Short-Term Rental Safety: 6 Ways Hosts Can Safeguard Their Guests and Their Properties appeared first on Guesty.
That’s the Ticket! Register Now to Enjoy Big Savings and Convenient Payment Plans for the 2021 Vacation Rental Women’s Summit in New Orleans
We hope that you are saving the dates December 1-2, 2021 on your calendar for the 2021 Vacation Rental Women’s Summit. Beyond the powerful professional development and non-stop networking, New Orleans during the holiday season is truly special, and the Ritz-Carlton goes above and beyond with their decorations. Plus, there are so many festive things we can […]
For Airbnb hosts, staying up-to-date with industry news is important. Where can you look to find the right information? Try these 18 Airbnb blogs to begin!
The post Top 20 Airbnb Blogs All Hosts Should Bookmark appeared first on Vacation Rental Owners & Property Managers Blog - Lodgify.
INFOGRAPHIC: With Last-Minute Bookings Still Trending, Holiday Reservations Outperformed Expectations
Final reservation data shows that although 2020 holiday booking volume did not meet 2019 numbers, the short-term rental industry fared much better than expected. Despite facing a new strain of COVID-19, the US was the top-performing country over the holiday season. And while the UK took a major hit over Christmas when compared to 2019, […]
The post INFOGRAPHIC: With Last-Minute Bookings Still Trending, Holiday Reservations Outperformed Expectations appeared first on Guesty.