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!
Former Wyndham Vacation Rentals President Bob Milne Joins Vacasa as COO
With 1,400 employees, Vacasa has been making headlines as the fastest-growing full-service property management company in the vacation rental industry. Currently the second-largest vacation rental management company behind Wyndham Vacation Rentals, Vacasa has raised $40 million, manages 5,300 vacation rental units across 150 markets in ten countries, and is projected to have an inventory of 8,000 units in fifteen countries within the next year.
Today, Vacasa announced another significant milestone in its trajectory with the addition of Bob Milne to the team to head up operations. In his new role as COO, Milne will oversee Vacasa’s field operations to ensure that the company is delivering high levels of service for its guests and homeowners and to support the company’s growth strategy.
Read on: http://www.vrmintel.com/former-wyndham-vacation-rentals-president-bob-milne-joins-vacasa-coo/
Mendocino County adopts temporary ban on new vacation rentals
Mendocino County supervisors on Tuesday unanimously imposed a temporary ban on new vacation rentals in residential areas outside city limits, saying stronger regulations were needed to contain impacts on the housing supply and govern the burgeoning business.
The 45-day ban is aimed at preventing further erosion of the county’s limited housing stock and controlling potential impacts of traffic, noise and visitors in rural neighborhoods, supervisors said.
“Increasingly, housing stock has been converted to short-term rentals” in Mendocino County, said John McCowen, chairman of the Board of Supervisors.
Read on: http://www.pressdemocrat.com/news/7261232-181/mendocino-county-adopts-temporary-ban
Social Media Is Changing The Vacation Rental Industry. What You Need to Know...
For travelers, social media has become a tool to plan out trips and communicate with friends and family back home about their experiences. People are interacting with social media at an increasing rate.
Read on: https://bookingteam.com/2017/08/01/social-media-changing-vacation-rental-industry-need-know/
If you have a Vacation Rental STOP… do not do one more thing before checking out www.bookingteam.com where we can look after everything for you… it’s your own personal booking team, around 24/7 for you and your guests.
This post is amazing! I now further understand the concept of your industry. Now as your customer, you also need to know what exactly we are looking for.
First, we are after the security and the safety.
Second, we are looking for the best price. Cheap yet the amenities is complete.
Third, about the host, we prefer friendly and easy going host.
Lastly, near and accesible to hospital, retail store, and police stations.
If you have all this basic needs, then marketing is not a problem for you anymore. With word of mouth from your satisfied customer, you gain a lot.
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Excellent recap @exx007 totally agreed. It's all about the guest, hospitality is an art and it is the only way towards a truly profitable rental business.
This service accommodation business is becoming more interesting by the day @bookingteam.com . I've been writing blogs about our experiences but your posts are encouraging me to write a daily blog with our personal experiences - interesting about the 45 day ban. Guess when something is successful always someone there to try and put a stop to it.
That is awesome! Do let us know when you begin your blog @pandamama. Would love to support you. And indeed the big monopoly hotels do not like competition. These "government" movements against the sharing economies of the people are a huge shame. We need to protect the sharing economy in every way we can so wealth will be way more fairly distributed, hopefully soon :)
I think we defenetly need security and safety for our laptops and bank cards , these days the technology is so fast moving there are a lot of hackers in town and can easily acess our bank accounts. Great information.
Upvoted and Resteemed.
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Makes me want to book a vacation!
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Good post. But I think SM changed the vacation industry a long time ago. I just think now, housing apps has given vacationers more options. Though I've been hearing weird things about AirBnB lately.
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