Vacation Rental Managers and Owners: How Are Vacation Rentals and Hotels Similar ?

How Are Vacation Rentals and Hotels Similar ?

As someone who has experienced both sides of these unique markets segments, I find that understanding the similarities is helpful in growing and maintaining a vibrant vacation rental business.  For all the talk of how different vacation rentals are to hotels, it might be constructive to understand and learn from the similarities. I will break it down into two main pillars:

Physical Assets (Hard Goods) : Be it hotels or vacation ...

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Vacation Rental Manager and Owners - The Elephant in The Room

The Elephant in The Room

The vacation rental industry is facing many challenges during these dynamic times.  

Recent examples:

This on top of regulatory issues that are not being addressed form the basis of the fragmentation ...

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Vacation Rental Managers and Owners: The Importance of Communities

Vacation Rental Managers and Owners: The Importance of Communities

“What do you like most about the conference? “ The answer to this question at the VRMA Conference in New Orleans was unanimous, “networking”.   The thirst for knowledge was undeniable.  The exchange of information was a proof point that the participants are getting wiser and gaining a better understanding of the changes in our industry.   It is as if every attendee understood that they were a part of special community.

Why ...

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Vacation Rental Managers and Owners: Is Your Brand at Risk ?

Vacation Rental Manager: Is Your Brand at Risk

Brand a·ware·ness

noun

  1. the extent to which consumers are familiar with the distinctive qualities or image of a particular brand of goods or services.

Customer engagement is the lifeblood of any successful business relationship.  This can not be more evident than in the vacation rental business.  Before all the advertising, listing sites and everyone telling you what you need to do .... their was just you and your guest ...

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Vacation Rental Managers and Owners: Homeaway and The Fork In The Road

Homeaway fork in the road

The post VRMA mailer we received from Homeaway makes the pitch to new Homeaway Software customers:

*Special Offer* First come, First come, first served only 5 contracts qualify for the amazing value, act now before your competition does !”

........this is your fork in the road.  

 

Who is really my competition ?

  • The small VRM down the street
  • the VRBO in our neighborhoods
  • the operators looking to buy our home owners

 

In ...

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