What if the industry assumptions about OTAs are wrong?
The vacation rental industry is finding itself at yet another turning point in its history. Online distribution channels have consolidated, with four major players taking the lead: Airbnb, Priceline-owned Booking.com, Expedia-owned HomeAway (and VRBO.com), and TripAdvisor. Phocuswright’s 2016 study “A Market Transformed: Private Accommodation in the U.S.” reported that “while property management websites held the advantage as recently as 2013 [just under 60 percent], online intermediaries will capture 63 percent of the online market in 2016, rising to 70 percent by 2018.”
Read on: http://www.vrmintel.com/industry-assumptions-otas-wrong/
How Can You Actually Save Money on Managing Your Rental Property?
Managing rental properties comes with many challenges. As your business grows, those challenges often get bigger and more complex. There are many moving parts from scheduling housekeeping and staying on top of repairs and maintenance to marketing properties and creating positive guest experiences.
Read on: https://bookingteam.com/2017/06/23/how-can-you-actually-save-money-on-managing-your-rental-property/
Vacation Rental Sales: How to Explain High-Season Rates
The phone conversations vacation rental agents are having with today’s callers has changed in many ways. Now that potential guests can see multiple photos and virtual tours, there is still one question that callers continue to challenge our agents with every day: “Why are the rates so much higher this time of year?”
Read on: http://www.vrma.org/blog/vacation-rental-sales-how-to-explain-high-season-rates
Thanks for reading, 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.
The breaks you take from work pay you back manifold when you return because you come back with a fresher mind and newer thinking. Some of your best ideas come when you're on vacation...one day Vacation Rental Industry will be a huge Industry
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well written and informative. Thank you for posting this. Steem On! :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm wondering if the business model of bookingteam.com is rental or writing. Both seem to work well. ;-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post @bookingteam.com
Thanks for sharing a new knowledge for me..
glad to see you on this community... let enjoy this to exploring writing the post and i look forward sharing story and photo on Steem! I'll follow you^^
and hopefully you follow me back as well.... @giigii
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sounds like a great team that you guys have. The vacation rental market is booming. I recently took a trip to Monterey where the hotel prices are insane (pebble beach & spanish bay). We stayed in the 17 mile drive and by renting a house with our group of 6 we saved well over $1000 dollars. Also felt that our experience we had was better than the local hotels we have used in the past. Lol at all these "bot" people spamming "great post!" below. smh
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That sounds great @golfncrypto by renting a home you saved a lot since they are nearly always much cheaper than hotels. Especially when traveling in groups. The sharing economy will keep growing, even on steemit now :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So true. Sharing is caring :))))))) Thanks guys. Enjoy your day!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the informative post! Maybe it'll be helpful in the future when I'll be able to afford to even take a vacation somewhere, lol.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
sharing is caring
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes it is!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post. Already checking out vrma.org!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The success of any business is consistency and a capable team.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think this Industry is growing day by day ... and one day Vacation Rental Industry will be a huge Industry....I think that will also need of blockchain technology...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @bookingteam.com
You took 7 place in my Top 100 of posts
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
OTA's and the more vacation rental specific ones, such as HomeAway network (Now Expedia), Tripdvisor Network (includes holidaylettings, flipkey and Niumba) and hotel ones now focused e.g Booking.com really don't have a solution to the multiple problems: lack of synchronisity for real time booking, millions of individual part time owners, crazy cancellation polices, damage deposits, vetting of guest (although Airbnb just bought a company to automate it) and price and cost management levels can be so high its better to refuse a booking than take it.
We did 2017 prediction which seems to be coming true, which includes OTA direction. Anybody out there thinking of buying and renting its not a cottage industry anymore!
2017 Vacation Rental Predictions from Rentivo
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the insight @richardvaughton!! Great to see you are here in Steemit as well. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Season plays an important role on property rentals. It's all about timing. Thanks for the informative post.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received a 1.9% upvote from @randowhale thanks to @codebreaker! For more information, click here!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey @bookingteam.com
Will You suggest how to deall with you and is their any promtion do you have .
I would like t travel , I am very much intrested in it . I want that I will go with my soulmate to the tour of world without any restriction .
I love nature ans I love beauty . I love people too this how life goes .
I see that your effort are really admire able
A Big Thanks for all of your Effort regarding helping Us
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi @sophiaolive as a guest you can book directly on our site and save about 10% when compared to other sites who add their commission on top. Our service is mainly aimed at the owners of the rentals though, we help them better manage their bookings.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey @bookingteam.com You have a good quality content. I'm very much interested on your post so I followed you. I am looking forward for another interesting and substantial information. Tia!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for your sharing on the new knowledge about the rental vacation business. It is really a trend nowadays, many hostels and apartments would like to occupy the market share of the business and this business will continue to boom.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @bookingteam.com!
Your post was mentioned in my hit parade in the following category:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post, and thanks so much for sharing!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the article. A lot of good info here. Thanks.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you so much for you information. sadly its the end of the holidays for me tomorrow, but for it can help the next people :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Vaccations are the best thing in life because I believe life is meaningless without the taste of it. The work we do 24/7 is only to have a good pleasant LEISURE TIME.
Let life be more colourful. Let there be passion and meaning to our life.
Thank you for the great explanation though 👍🏻😍
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I love such places
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The breaks you take from work pay you back manifold when you return because you come back with a fresher mind and newer thinking. Some of your best ideas come when you're on vacation
thanks for sharing, really appreciate.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A huge thank you for this post.
This will be helpful.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for sharing this information! :) Always loved going on a vacation rental. This is really helpful!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Money & holidays... Just by looking at the pictures you've chosen to add in your article, I like it :p
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i really like your post! keep it up! i translate to Romanian and post on my facebook with your link
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post man !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Excellent work!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thank you for sharing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Informative and nice photo!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Beautiful post...saving money is as good as earning. Followed you for more!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
great informative post... i've always thought about renting a home for my vacations in costa rica.. nice to know there are places out there that aren't gouging customers on rentals.... thank you, upvoted!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you so much for the useful information, @ bookingteam.com! I will study your posts in detail! And I will also tell you about my friends!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow this is so useful.
Thank you for helping me save some cash
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Can't wait to check it out! :) Nice read.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
booking.com is a great website and thanks for the information man ill considor it if ill go on vacation ....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for info
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amazing post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Opportunities form great people, follow me and follow you, thank you
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
excellent post, thanks guys
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post! Thanks for sharing. Upvoted
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I believe booking team will be a great hit in the near future
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello bookingteam, I wonder if you guys provide services for owners in Europe?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's actually three companies controlling the entire 1st page (10 organic listings and 4 paid listing) for every search result for every city with almost zero exceptions.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
One day soon there will be a vacation rental website that offers all listings for free so no fees and no commissions to owner or guest saving $100's per trip and owners $1000's per listing or 10%-30% of rental per booking.
The site should launch before Christmas and plans to give Airbnb a real run for its money. Interesting times ahead in the vacation rental industry.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post @bookingteam.com
I really like the answer about the high season prices. In this business it's very important to think alike your guests and give them the best suitable explanation that works for them. I'm an AirBnB manager as well and I approve this!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's crazy. But to be honest, I never would've considered a vacation rental unless the numbers were to hard to resist.. It's just too high risk.
You can check out @ENAZWAHSDARB for the best Entrepreneurial content! If you appreciate what you see, you can leave a follow! :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The rental industry is a huge game player. Thanks for info!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My vacation it's close, let's read something good :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Are there housekeeping services if you rent a home instead of staying in a hotel. I would be not want to be doing house clean whilst on holiday.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
https://steemit.com/cryptocurrency/@turlx/am-i-too-late-for-the-cryptocurrency-boom
what you think of this guys? is this real? I think its too late.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit