Tourism continues to pick up nationwide. However, many families are ditching the idea of a hotel in favor of a vacation rental. Vacation rentals are usually more affordable and provide a home away from home. Many companies offer vacation rentals and property management, but does property management matter? This article will review everything you need to know.
Professional Maintenance
One of the reasons this idea remains so popular is because it ensures the property stays in fantastic condition. According to a 2022 survey by Buildium, 54% of property management companies who responded project an increase in portfolio size by 26 to 50%. That’s because many of these properties are also investment properties, and the owners want to keep them nice.
Faster Response Time
Property management companies benefit the company and the guests staying at the vacation rental. When a guest has a problem, they can contact the local management company and enjoy a fast response. This is ideal for emergencies, such as when a guest accidentally locks themselves out of the house, or an issue with the home, such as the HVAC unit breaking down.
Faster Booking Process
Property management companies excel at combining technology and various platforms to increase efficiency. This makes it easy for guests to book a slot at a popular vacation rental. They can easily see when the property is available. It’s also faster for guests to check in to the property. Property managers can quickly meet guests to ensure a seamless check-in, ensuring you can relax after a long drive.
Current Market Knowledge
Property management companies must stay on top of the latest trends and local regulations, making them ideal for vacation rental management. A management company will ensure all safety regulations are followed and that the building is up to code. They’ll make the updates necessary to ensure every rental is always up-to-date regarding the latest trends and decor. This guarantees that guests enjoy a comfortable, safe stay with their family.
Property management and vacation rentals go hand in hand. Property managers go the extra mile to ensure everyone is comfortable and safe. Contact us today at Overnight Digs to learn more about our available rentals and our excellent services.