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Showing posts from September, 2024

Short Term Management

 Management is important for every short term rentals managers or real estate owners. There is many different types of short term rentals. There is single family houses, townhomes, condos or apartments, cabins and hotel rooms. Managing these listings is a hospitality and marketing skill that might seem easy at first but it gets much better with gained experience and acquired knowledge.  Hospitality management can be very expensive at first. There is fees and expenses related to visibility, booking platforms fees, small percentage fees for booked listings, advertising, special promotional offers, etc. To r educe short term rentals operating costs there is many things to consider and calculate.  An amazing thing to keep in mind is the additional revenue generated and related to each of those expenses. The generated income is more important than the related fees or expenses, that is the first calculation to make.  There is multiple channel managers that help you increas...