Vacation Rental Case Study: Park City, Utah

Alexandra AlderLeave a Comment

Utah Case Study

Starting off on a new business venture is always difficult.

Especially when your investment is an ocean away.

David and his wife decided to leave the U.S., but wanted a property in Park City, UT as a home base for frequent visits. To make their goal a reality, they’d need the property to generate some income – and preferably even pay for itself.

The problem? The expat couple wasn’t going to be able to market or manage the property effectively from across the pond.

David needed a professional management service he could trust to operate his business on his behalf, and a foolproof strategy to get as many bookings as possible while still allowing the family free use of the property whenever they came to visit the United States.

When he found Evolve, he knew he’d found a great solution.

Evolve’s highly strategic approach to marketing as a means to guarantee the best possible income appealed to David right away. He also loved our flexibility on owner use, and the strength of our well-vetted network of on-the-ground service providers.

His on-boarding process went smoothly and David was more than satisfied with the quality of service we provided – but the ultimate test would come down to one question:

Could we make his rental pay for itself?

6 months later, David has his answer: he has almost $66,000 in bookings and his property is a hairsbreadth from covering all of its expense – with half the year still to go.

How did we help this first-time owner exceed his already-ambitious goals? Take a look at his case study to get the whole story.

Interested in learning how Evolve has helped owners find success in your area? Review our full listing of case studies here, or reach out to one of our Homeowner Consultants at 877.881.7584 to ask how we can help you achieve your rental goals.