[EP 18] Top 10 Things We've Learned about the Vacation Rental Business

Superhost Unveiled

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3+ y ago 46:28

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Today we are reflecting on some of the major lessons we have learned from the Vacation Rental Business. We've been self-hosted owners to now property managers who oversee the operation of 20+ vacation rentals. If you are considering starting a Vacation Rental Business, whether that is just renting out a room or overseeing 100 properties, these lessons will help you accelerate your growth as well as avoid some dire mistakes! Be sure to listen to the entire episode to hear a more in-depth explanation of each point. Let us know which lesson resonated with you the most by visiting us on Instagram @superhostunveiled.

Once you get to a certain point and if you are doing a great job, growth is unstoppable.
Your website matters for growth
It's all about relationships
The right software is key
Have a plan for the slow season if possible
Never stop hiring cleaners
Communications control person is a game-changer
An operations manager is a game-changer
When you aren't working in your business all the time, it allows for focused activities.
Pricing and revenue software is key

BONUS:

Have a plan but be ready to pivot
Never stop learning, adapting, and improving.

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#Entrepreneur #Business #Superhost Unveiled