Todd and Mary Taggart decided to try their hand at vacation rental when they bought a new condo in Stowe, Vermont. The previous owners had been listing it on VRBO and were getting a fair share of renters on their own. But Todd thought they could do a little bit better than that, especially if they put the listing on more than one booking site and had the right marketing strategy. Five months later, see how things have worked out for the Taggarts.Read More
You have a beautiful vacation rental – but you’re not getting the booking rates you expect. It might be time for a small upgrade. Vacation rental owners are often a little hesitant to invest money into upgrading their second homes. They’re not confident the improvements will change their booking rates, and they don’t want to spend money unnecessarily.Read More
Hawaii is one of the top vacation destinations in the world. In 2016, 8.9 million people visited the Aloha State.With demand for Hawaiian rental properties rising significantly, the islands are now among the top-performing markets in North America.
We created a series of Vacation Rental Performance Reports for the Big Island, Maui, Oahu, and Kauai to explore these trends and show you the rental income, nightly rates, and occupancy rates you can expect with a vacation rental in Hawaii.Read More
In the past 5 years, Amanda employed multiple property managers to take care of the two Marco Island properties – but has run into numerous problems.
Living thousands of miles away from the properties, Amanda couldn’t help but feel taken advantage of when suspicious and questionable service charges kept appearing. On top of the numerous fees she was slammed with, she also felt that her properties weren’t getting as many bookings as they could and it was hurting their ability to generate rental income.
In spring of 2017, Amanda realized that she didn’t have to put up with property managers who over-charged and under-delivered. She found Evolve.Read More
While leisure travel still represents the majority of trips in the U.S. hand over fist, people took 485.9 million business trips last year, and these professionals are discovering the many benefits of staying in a private residence. Targeting business travelers is a lucrative way to fill in those pesky gaps on your calendar, but you have to carefully consider this demographic’s needs to make your home a hit with the business travel crowd.Read More
With the industry growing so fast and listing sites changing so often, a lot of vacation rental owners don’t know which booking site is going to deliver the best results. VRBO vs. Airbnb? TripAdvisor or Booking.com? An annual subscription vs. pay per booking?
This infographic shows how each listing site’s fees affect your annual income and what your guests will pay to stay in your place to help you choose the best option for your vacation rental business.Read More