AvantStay’s Post

I'm excited to introduce the Comparent Market Leaders page. This is where the top 1% of vacation rental managers are showcased, providing homeowners with the transparency they need in choosing professional management. Why It Matters:   ➡ 40 companies managing 14,000 properties   ➡ Representing $1.2B in annual gross booking revenue   ➡ Based on over 300,000 reviews, with an average score of 4.75 stars Explore the Page:   ➡ Interactive Map: See top managers in each market   ➡ Detailed Profiles: Dive into performance metrics   ➡ Leaderboard: Sort by our unique Comparent score Check it out: https://lnkd.in/eZvFxGTs If you didn't win this quarter's award, don’t worry… you still have time for the Fall Awards. To qualify, just claim your listing and start gathering owner reviews today. For award scoring methodologies, visit the Comparent website. Claim your listing and start gathering homeowner leads. Let's elevate the vacation rental industry together. Tagging some of the incredible leaders that won this past quarter's inaugural award. Steven Chrobak Valerie Gangas Lance Stitcher Elaine Mose Stitcher Paul Becker Robin Craigen Riley Goldman JJ King Cheyenne Hayes Andrew Pokrzywinski☀️ Sean Breuner Chris Torsleff Jennifer Torsleff CJ Stam III Hunter Harrelson Ginger Harrelson Jennifer Mucha Dennis Goedheid Chris Wheeler Vintory Vacation Rental Professionals - The Industry's Largest Professionals Forum

The PV Pricing Strategy Implementing and maintaining an effective pricing strategy is imperative to ensure peak performance for a vacation rental. We are relentless in our effort to continuously improve in this area of our business as it’s a very important factor in maintaining the highest standard of service for our homeowners. At PV, we have invested in best-in-class dynamic pricing software that integrates with our channel management system. Algorithms and technology are not the limit of our efforts however, as we feel like many other areas of our business engagement and personal care are essential to honour our commitment to our homeowners. Our team has a cadence of weekly meetings between our client service group and executive team to review all of our properties in both markets. During these meetings we consider consumer trends, local events and news, along with going property by property to review performance and manually adjust parameters to ensure optimal settings are in place. We are able to set comparables in our system and monitor pricing adjustments + occupancy rates from similar chalets and condos in terms of location, bed/bath size, amenities and decor. We will not let a property lag behind what the market will offer from a set it and forget it approach. This a pain point from new clients coming over to us from competitors. If you’d like to meet with us to discuss how we can manage and implement an effective pricing strategy for your vacation rental, contact us here: https://lnkd.in/gZS2SSTA #localbusiness #vacationrentalmanagement #vacationrental #propertymanagement #pricingstrategy

Are you tired of being just another property in a sea of listings? Are you longing for a property management experience that prioritizes your needs and treats you like family? Vivid got you! At Vivid Vacation Rentals, we understand that your property is more than just an investment—it's your pride and joy. That's why we offer a personalized approach to property management that larger companies simply can't match. We believe that one size does not fit all when it comes to property management. That's why we work closely with each client to understand their unique goals, preferences, and concerns. Whether you're looking for full-service management or specific à la carte services, we'll create a customized solution just for you. We believe in the power of personal relationships. When you partner with us, you'll never be just a number on a spreadsheet. Our dedicated team is here to provide you with the individualized attention and support you deserve, every step of the way. As a boutique firm, we pride ourselves on our deep knowledge of the local market. From neighborhood dynamics to seasonal trends, we understand the intricacies of your area and leverage this expertise to maximize your property's potential. We believe in open and honest communication, always. You'll never be left in the dark when you partner with Vivid's Property Management. From regular updates to timely responses to your inquiries, we're here to keep you informed and empowered. Ready to experience property management that puts you first? Join the Vivid Vacation Rentals today and discover the difference for yourself. Contact us and take the first step toward a more personalized property management experience. Your property deserves the best. Experience the difference today! 📞 855-708-0930 📧 info@vividvacationrentals.com 🌐 vividvacationrentals.com #VividPropertyCare #HomeManagement #LuxuryLiving #VisitTelluride #PropertyManagement #PropertyManagementTelluride #telluridestaycation #luxurylifestyle #luxuryvacation #VividVacationRentals #luxuryvacation #DoubleEagleTelluride #MountainLiving #LuxuryGetaway 

Many busy CEOs leave money on the table is a statement worth noting. To explain, let's take Floor Banks, a vacation property rental owner, as an example. Floor Banks has five vacation rental properties in different strategic locations that cater to traveling professionals, individuals, digital nomads, and families for either business or leisure purposes. However, Floor Banks has other businesses she manages, leaving her overwhelmed with everyday activities, causing her vacation rental business to suffer. Due to her busy schedule, she fails to respond to guests' inquiries on time, her listings are not updated frequently, most of the amenities present in the listing are not listed, and she struggles with cleaners. Additionally, her listing description is not attractive enough, and she is not always available to attend to guests' concerns during their stay. The absence of a guidebook for guests and her lack of knowledge of current market trends are also contributing factors. As a result, Floor Banks is leaving a lot of money on the table, despite having properties located in bustling areas with all the necessary amenities to ensure a smooth stay. Let's take guest communication as an example. ✅Imagine responding to a potential guest's message in less than a minute. ✅ You show the guest that you care by responding promptly therefore leaving a good impression. ✅As a result, the guest is more likely to book your property because you have cleared any doubts they may have had. 📍How do you feel when you contact customer service and they quickly resolve your problem? You feel happy, right? Now, you get my point😊. In conclusion, good management is essential for any vacation rental property. Regardless of how good the property is, if it lacks good management, it will suffer, and the owner will lose money. Are you like Floor Banks, it's time to get help and turn your property into a money-making machine. As the saying goes, "Two good heads are better than one." My name is Udoka Vivian, a vacation rental virtual assistant. I help vacation rental owners manage their businesses to ensure profitability and guest satisfaction. Send me a DM, and let's discuss your property's potential! #airbnbmanagement #vacationrentals #hospitalitymanagement #realestatecompany #airbnbhost

There is a league of short-term rental operators quietly reducing competition through consolidation.  There are deals that make a splash: Airbnb buying HotelTonight or Vacasa Buying Turnkey, and then there are deals that are made behind the scenes, with no fanfare. Featured here AvantStay Portoro Meredith Lodging C2G Advisors - the silent dealmakers of short-term rentals. Thank you for your insights Reuben Doetsch Dustin Abney Jacobie Olin Matt Landau and Jon Øksenholt. #shorttermrentals #vacationrentals #mergersandacquisitions

🚀 Exciting News for Short-Term Rental Hosts in Florida! 🌴 ☀️ Are you curious about how the Sunshine State's STR market is performing? 🌞 At PriceLabs have just released a comprehensive analysis of Florida's Short-Term Rental Performance, and the insights are as hot as the Florida sun! 🔥 🔍 Dive into our latest blog post where we explore: - The seasonal trends affecting rental rates 📈 - Regional performance comparisons 🌐 - Key takeaways for maximizing your rental's revenue 💰 In addition, data shows key performance indicators like Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), Occupancy Rates, and Average Bookings generally peak during summer months, particularly in July. This trend suggests summer season is the most lucrative period for STRs in Florida, making it a critical time for hosts property managers and investors to optimize their pricing and availability strategies. Whether you're a seasoned host or just starting out, these insights are invaluable in navigating the vibrant and dynamic Florida STR landscape. 🏖️ 👉 https://lnkd.in/gFPdv77Q #ShortTermRental #Florida #RevenueManagement #Hospitality #TravelTrends #PriceLabs PriceLabs CC: Disha P.

I'm thrilled to announce a significant milestone for our valued hosts. At Guesty, we've just unveiled the groundbreaking Guesty Lite package. This marks a pivotal moment in our journey to empower hosts of all sizes to excel in the short-term rental industry. Thanks to ShortTermRentalz for helping us share this exciting news. Read all about it here > #GuestyLite #ShortTermRental #PropertyManagement

🌟 Elevating owner relationships in vacation rental management just got easier! 🏡 Embracing data-sharing practices can be the key to unlocking enhanced collaboration and trust. What data should you share? - Occupancy rates - Average daily rates (ADR) - Revenue per available rental (RevPAR) - Revenue Let’s transform owner-manager dynamics from transactional to collaborative! 💼✨ https://lnkd.in/gPmfhwph #365Villas #VacationRentals #propertymanagement

The Michigan STR Conference is right around the corner. I am excited for some of the best in the industry to be flying in from all over the country to share their expertise. Check out this lineup 🔥 Bill Faeth - Consistently taking properties and guest experience to the next level. Shares some of the best property marketing information out there. His 200 day post stay guest follow up is MONEY! The KarWells (Sarah Glidewell & Emily Karnaz) - Some of the best STR designers in the industry. The KarWells consistently push the envelope on design and amenities. Owners of multiple 6-figure producing properties in Michigan. Steve Trover - Better Talent - A wealth of knowledge in the industry. Steve built a property management business to over 400 properties, built a property management software company, built a home building company that built homes specifically for vacation rentals, and now building a talent recruiting company specifically geared towards the hospitality industry (Better Talent). In any market, “the best team wins.” Brandon Hall, CPA - Aka The Real Estate CPA. A wealth of knowledge when it comes to using real estate to minimize your tax burden and make sure you’re not overpaying. Brandon will share is expertise around short term rentals and how to use them in your tax strategy. Podcaster at Tax Smart Real Estate Investors Podcast. Sarah Franzen - Revenue management is one of those things that doesn’t get talked about nearly enough. Small tweaks to your pricing strategy can easily add 10%+ to your bottom line. With a decade of experience in this very topic, Sarah will share best practices to help you maximize your rentals performance. Justin Ford - One of my wife's favorite podcast listens is when Justin is a guest on an episode. Justin is a vacation rental safety expert and shares ways to protect your ASSets by keeping your guests safe. Oh, and he grew a vacation rental management company to 600 properties. No small task! Katie Johnson - An attorney and STR owner in Michigan. Katie has been involved in one of the biggest cases of STR owners vs the township in Michigan and has successfully gotten an injunction on the ban (hopefully my legal speak is right 😜). Katie will share best practices for organizing, getting community engagement, and mastering local regulations. I'll be the first to say that I am excited to learn from these amazing individuals. I get asked a few times a week about the VIP tickets but they are SOLD OUT. Make sure you grab a general admission ticket before they are sold out too! There will be a happy hour on the opening night and there will be a photographer onsite doing professional headshots for your vacation rental profile or social media profile (only available for a window of time).

THE PROBLEM WITH SCALING! Nobody ever talks about the problem with growth. Growth is glorified, decorated - adorned with all the bells and whistles in the vacation rental industry. But the truth is, if you don’t have the right tools and systems in place, it could lead to the sudden demise of your business. In our experience, one of the biggest problems hosts face when growing their vacation rental brand is managing multiple reservations. It’s a Catch 22 situation: You want more reservations, but then you don’t know how to manage them (sound familiar?). So… enter, MrAlfred.com’s Reservations Manager. With our Reservations Manager, you’ll easily manage multiple bookings, enquiries and as many guests as you want - all while keeping your payments and reports wonderfully up-to-date. Just another issue to take off your hands - while you focus fully on scaling. Get in touch with our team now to get started right away (there’s no time like the present!) www.mralfred.com #mralfred #scaling #pms #propertymanagementsystem #holidayhomes #vacationrentals