You’re managing vacation rentals. How can you streamline your property management tools?

Dans le cas d'actifs à vocation loisirs la composante Property et Tenant Management s'avère vital, il est fortement recommandé de travailler avec des Tenant Managers spécialisé dans cette classe d'actifs et ayant un deal flow conséquent (tours opérateurs, partenariats avec les h?teliers de la même zone de chalandise, visibilité sur les agrégateurs....) aussi il ne faut pas sous-estimer le Facility Management qui doit absolument être accompagné par des services de conciergerie.

Having worked with several property managers and landlords, it's important to get partners in related industries to streamline your work. When you work with the right insurance agent, not only can you find the right kind of coverage at an affordable price, you have a direct point-of-contact to handle all the property insurance needs without any hassle.

If you are publishing your properties in Airbnb, Booking, etc... you'll get crazy if you try to do it one by one. You'll miss up prices, dates, etc. creating a lot of frustration with your customers. Use a centralized property management platform that integrates various functions such as reservations, bookings, guest communication, maintenance requests, and financial transactions. There are a few of them in the market. This helps streamline operations by providing a single interface for managing all aspects of your vacation rentals. They also delegate tasks to one member of your team or a complete team of operators depending on the number of properties that you have.

Hi, which property management platform have you tested? Which one do you prefer? Eg Clearbnb, Guestready? (my properties are in Italy)

Your data will not help if you are not using it. Utilize reporting and analytics tools to gain insights into key performance metrics such as occupancy rates, revenue, average nightly rates, and guest reviews. Try to identify trends, optimize pricing strategies, and make informed decisions to maximize profitability. This analysis can boost your income by 10% quite easily.

Don’t make a decision based on cost. The term “you get what you pay for” is certainly not true in this aspect. Talk to a representative before you make a decision. A lot of times I see other property managers that will dismiss a program because of high onboarding or monthly fees. A lot of times you can get these waived or even your monthly cost down just by having a conversation with a representative. Look for specials and promotions that might be running before you make a decision.