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
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!
Carolina Retreats is over the moon to partner with one of the largest automated review companies in the nation. TrustPilot, founded in 2007, has over a quarter million businesses using customer reviews to drive growth. With so many review platforms out there, TrustPilot is one of the few that offer integrated services such as SEO … Continue reading Carolina Retreats is Proud to Partner with TrustPilot for Guest Reviews
We recently sat down with our General Manager, Danny Williams, to discuss what got him started in the vacation rental industry and how he sees the future of vacation rental management. First of all, how is the cleanup going? The cleanup efforts are moving faster than I thought. We are all quite appreciative of the … Continue reading Q&A with Danny Williams
As was previously mentioned, overall bookings are trending slightly ahead of last year and this is great news! We are in the process of confirming guests who booked for 2019 during 2018. Guests will have until 1/22 to complete their agreements and make their first payments, converting their bookings to confirmed reservations. Guests who do … Continue reading Vacation Booking Trends