What You Need To Know In The Vacation Rental Industry 08-08-2017

Hey there everyone, welcome to the BookingTeam "What you need to know in the vacation rental industry" blog post! See below for everything to keep you up to date with the vacation rental industry. Enjoy!

Four Practical Ways to Delight Your Vacation Rental Guests
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So, you’ve examined your booking curve, determined the appropriate pricing strategies, and promoted your inventory to your past guests and distribution network. Everything’s good, right? Not necessarily. Pricing is just the first part of the equation.

It doesn’t matter if a guest stays with you for free, or at a premium. If they aren’t delighted by the experience they have with you, they’re going to rent elsewhere next time.

Read on: https://www.tripping.com/owners/four-practical-ways-to-delight-your-vacation-rental-guests

Another lawsuit filed relating to vacation rentals
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Legal issues related to City Council’s determination that short-term rentals are not an allowed use in residential neighborhoods continue, with a second lawsuit filed July 17 claiming the city illegally failed to fulfill in a timely manner a public records request.

The complaint was submitted by a group of property owners, collectively called Del Mar Alliance for the Preservation of Beach Access and Village, who in June filed a lawsuit accusing the city of violating the California Environmental Quality Act, California Coastal Act and their property rights by what they say is essentially a ban on rentals of less than 30 days.

Read on: http://www.thecoastnews.com/2017/08/03/another-lawsuit-filed-relating-to-vacation-rentals/

The Difference Between Unsuccessful and Successful Vacation Rental Businesses
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What makes a successful vacation rental business? Why do some listings seem to have a constant stream of bookings and happy guests, while others struggle to stay afloat?

Being a successful vacation rental is about more than just the number of sales or bookings you receive. Those are key performance indicators, but to be a sustainable business, you need to have a wider view.

Read on: https://bookingteam.com/2017/08/06/13514/

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