The vacation rental market has made a few twists and turns along its journey over the last two decades. The industry has grown exponentially, with independent hosts, small property management companies, large property management agencies, vendors, and service providers all carving out a defined role within the ecosystem. This blog post will compare how physical … Continue reading How Vacation Rental Operations Have Changed
Last year around this time life as we knew it came to a screeching halt. One minute all was normal with kids in school, people planning their summer vacations, and going about their daily lives. And then seemingly overnight what was once “normal” had changed indefinitely. We’ve learned a great deal over the last 12 … Continue reading Forecasting Summer 2021: Vacation Rentals Are On Fire!
The key to optimizing a vacation rental property’s performance? It’s all about understanding the Big Three: Occupancy, Average Daily Rate, and Revenue Per Available Rental Night. Identifying trends in these three key performance indicators – and their relationship to each other – can help you maximize revenue throughout the year. Occupancy Rate: The percentage of … Continue reading The Big Three: Occupancy, ADR, and RevPAR
In Part I of this series we looked at detailed ways you can enhance your vacation or short-term rental properties to appeal to guests year-round. In today’s highly competitive online marketing environment for any type of travel accommodations, and especially in our area of the Cape Fear with more traditional vacation rentals, it’s exactly the details and extras that turn an okay … Continue reading Maximizing Your Property For Year-Round Guests (Part II)
If you have a home at the beach, it’s usually pretty easy to attract guests to your property during the summer months, but are you maximizing your home’s potential for guests year-round? Families, traveling nurses, business travelers, temporary workers, digital nomads, snowbirds, authors, entrepreneurs, and many other people and professions want to have comfortable, private … Continue reading Maximizing Your Property For Year-Round Guests (Part 1)
If you own a vacation or short-term rental, you know that maintenance and upkeep are always important, and at times, they can be overwhelming. But part of the value of enlisting a property management company like Carolina Retreats, those activities can be a little less stressful. Not all property management companies are the same. Some property … Continue reading Vacation Rental Maintenance: What To Expect
Need a Fall Getaway? Let’s face it, the enduring COVID-19 Pandemic has weighed heavily on all of us. But Fall is a perfect time to visit the North Carolina coast because the water is still warm, the beaches are less crowded, and the air is crisp and clean. Many vacationers are taking advantage of some … Continue reading Vacationing In The Era Of The COVID-19 Pandemic: Short-Term/Vacation Rentals Are Top Of Mind
It’s been shown that when times are volatile, and investors feel uneasy about the current and near-term future stability of a market, they flock to safer investments. Gold, silver, cash, and Bitcoin have been beneficiaries of these volatile markets, but the big winner, especially in our region of the country has been real estate. While … Continue reading Short-Term Rentals, Long Term Value
Dear Beach Goers, The past two months have taken a swift and severe toll on our country. We have been facing a health emergency that none of us have experienced in our lifetimes. As we continue to flatten the curve and work towards the goal of containing the virus outbreaks, the conversation has started to … Continue reading From Our Family to Yours
Carolina Retreats is proud to announce our 1 year anniversary! From the onset, our combination of vacation rental services have combined to form a perfect partnership throughout the North Carolina coast. Now set to surpass 300 vacation rentals from Topsail Island to Carolina & Kure Beach, our growing success has only improved all aspects of … Continue reading Celebrating One Year At Carolina Retreats!