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The Definitive Study of Vacation Rentals

Leaves no stone unturned....

Revenue Management

 

 

The key to your success lies in Gross Reservation Revenues & Revenue Channel Mix

As a pioneer in revenue management dating back to 1999, I’ve written and been published in many articles (a number presented below) on methods and tools used to increase revenues.

Devoted exclusively to Vacation Rentals today, I bring sizable differences through simple solutions by using the time available to ensure you’re booking optimal reservations, applying appropriate rates and length of stay restrictions.

It all sounds so simple, and in fact, it is, but you need to use simple tools and mechanisms that ensure success. I am not just throwing out a number when I tell you that at a minimum you’ll increase Gross Reservations by 15%, and this is a conservative estimate that is often doubled.

Please give me a call for a no pressure interview and assessment. Most get excited to know the low cost and high return that begins within days of suggesting a daily strategy.  It’s all done by email.  The key to revenues is being able to look at them every day.  Your 14 day lead in time to any date is where the highest returns are realized.

It would be a privilege to serve you and I’ve structured fees to the vacation rental market. Much of these can be reflective of the amount of higher revenues you’ve earned in the current year over the same period in the prior year.   

Revenue management is an acquired skill set, best learned "in the trenches" of actual action and reaction situations and should not be left to someone that is not trained or experienced!  You will see immediate results.

Articles published:

 

Unless you have 100 homes or more, you don't need a full-time revenue manager.  Outsourcing this discipline means you'll save money and at the same time maximize your revenues. Call me directly at (954) 290-3567 for a free consultation.

Sincerely,

Richard

2049

Each Revenue Channel has a seperate cost. Demand in each of those channels allows you to (1) fill need periods and (2) replace more costly channels with less costly channels. Having your PMS provider create PACE reports on groupings of like-kind revenue channels allows you to scientifically predict which revenue channels to use.