5 Trends To Watch For In The Vacation Rental Industry 2021
By: Nicholas Giordano
There’s no better time to join the industry than now; let me show you what to expect this year!
1. Self-Check-In’s Are In!
Self-check-in and other in-house entertainment and services have become even more compelling for both property managers and guests because of social distancing. As a result of illegal COVID-19 house parties, security solutions such as noise monitoring have gained increased popularity.
2. Vacation Rentals Will Out-Perform Hotels!
Within a decade or two, vacation rentals will overtake hotels, reshaping the hospitality industry.
3. Travelers Want To Cook!
iPropertyManagement found that 71% of travelers with children preferred being able to cook their own food, which was a major reason why they preferred vacation rentals.
4. Unique Living Options Are The Way To Go!
71% of millennials prefer a nontraditional rental, according to a recent report by Vrbo. A generation of young people in America is becoming increasingly interested in unique living options like teepees, igloos, travel boats, and tiny houses.
5. Longer Stay = Win-Win!
There was an increase of 23% in listings for rentals with terms no longer than six months between March 1 and May 21 according to Zillow. Property owners and tenants benefit from this arrangement. The decline in tourism this year has led to more vacation homeowners looking for tenants who would be willing to live in their properties for longer than a year.
Here’s hoping you can turn these tidbits of information into a profitable venture!
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Utilizing the vacation rental industry as well as our team’s interior design expertise, we help create the ideal space for your guests. DesignedVR homeowners have exclusive access to our interior design services, at a lower cost than industry standards.
As DesignedVR, we sense our unique design gives us an edge to achieve great success – Together.
When you work with DesignedVR you have access to our unparalleled full home renovations. We want to create a unique, comfortable, and relaxing environment for your guests, this means a lot of work.
These are some of the renovation services we offer: replacing windows, installing kitchen cabinets, creating wood structures, repairing roofs and floors, coordinating laborers, doing demolition work, and collaborating with other skilled craftsmen.
Our Linen Program provides the best quality sheets and towels for vacation rental homes.
Guests pay attention to details. With fresh sheets and fluffy towels, you’ll get better reviews, more bookings, and more rental income.
Homeowners can take advantage of our Linen Program to outfit their vacation rentals with durable, hotel-quality linens. You will also find it less expensive and less time-consuming, offering hassle-free service.
As a part of our 360-degree management on your vacation rental, we provide you with a variety of linens, launder them, change the linens between guests, and order new ones as needed.
Through DesignedVR’s guest portal, guests are able to view and manage their trips, as well as all the information that comes with traveling. Each house, as well as all the relevant information for each trip, is displayed on the portal- including: Access Coes, Routes, Maps, Scheduling, And much more!!
Guests can add/buy extra services to their trips in the “DVR store”.