We’re in the middle of Hurricane season, but storms aren’t just seasonal things we deal with on the coast, here in North Carolina. If you own a vacation home, then you’re constantly keeping tabs on weather reports, because throughout the year, thunderstorms crop up quickly and bring heavy winds, rain, and hail. We get straight-line … Continue reading Making Your Vacation Home Storm-Ready: Tips For Protecting Your Investment
Vacation rental revenue management is a broad field and setting a pricing strategy is no small task. It’s kind of like the early scene in The Lion King, when Mufasa takes Simba to the top of Pride Rock to teach him an important lesson: everything the light touches is their kingdom. In vacation rentals, everything the … Continue reading Vacation Rental Pricing Strategy: 3 Steps To Early Success
Manteo, NC – Over the past several months, our operations team at Carolina Retreats have been steadily working behind the scenes in completing the recently renovated Tranquil House Inn, located in Manteo, NC. From its inception, The Tranquil House Inn has been a staple for travelers looking to experience a relaxing getaway along the water. … Continue reading Welcome Our Tranquil House Inn Team
Surf City, North Carolina, March 26, 2021 – CAROLINA RETREATS, a high-end hospitality and vacation rental management company based in North Carolina, today announced that the firm has been selected as a new vacation rental property manager for Homes & Villas by Marriott International. Select rental properties exclusively managed by Carolina Retreats will now be … Continue reading Carolina Retreats Selected as a preferred Vacation Rental Manager for Homes & Villas by Marriott International
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
Questions Every Vacation Rental Property Owner Must Ask a Potential Property Manager If you own a vacation home, then you know that you can’t trust just anyone to manage it for you. Vacation and short-term property management companies must earn the right to manage your investment. At Carolina Retreats, we are committed to protecting your assets and … Continue reading Are You Worth My Investment?
By now most anyone slightly involved in short-term vacation rentals has at some level engaged with AirBnB and VRBO. While there are others like them, these two companies command the lion share of attention in the vacation rental marketing world. As a professional vacation rental manager for the past 15 plus years, I think it … Continue reading AirBnB vs. VRBO vs. Book Direct: What You Need To Know
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)