Guest preferences are evolving, new regulations are coming into play, and competition is more intense than ever.It’s not enough to stick to what worked before, you need to adapt to stay relevant. With so much happening, here’s what you need to know about the trends shaping the year ahead and how they’ll affect your role as a property manager. The market is growing, but so is the competition The global vacation rental market is projected to reach $105.7 billion by the end of the year, growing...
Google Vacation Rentals, launched in 2019, provides a unique opportunity to reach millions of travelers looking for their next getaway.Whether through Google Search or Maps, this tool integrates with OTAs and direct booking websites, offering property managers a way to stand out without relying entirely on commission-based platforms like Airbnb. Why Use Google Vacation Rentals With Google’s dominance in search engine traffic, listing your property on Google Vacation Rentals can significantly...
Dates: May 14–15 Location: Fira de Barcelona’s Pabellón TextilTarget May 14–15: Property Managers with 20+ properties Target May 16: Property Managers The Scale Show 2024 is a premier conference designed exclusively for property managers overseeing 20+ units. Held at Fira de Barcelona’s Pabellón Textil on May 14th and 15th, it provides strategies for scaling operations profitably and sustainably. Learn about trends like AI, data analysis, profitability optimization, and regulatory...
At 365Villas, we prioritize staying informed about the latest developments in the vacation rental industry to provide our readers with valuable insights. Here's a closer look at the major news that has captured our attention this month. Innovative Governance Through Airbnb's City Portal Airbnb's introduction of new City Portal features represents a leap forward in fostering collaboration between the platform and local governments worldwide. Launched initially in 2020, the City Portal has been...
As we step into 2024, the vacation rental industry is not just evolving; it's undergoing a transformative revolution. This January has brought forth a cascade of significant developments, trends, and regulatory shifts that are reshaping the landscape of property management and travel experiences. Let’s delve into the intricate details of these changes and their potential implications for the industry. A Robust Start to 2024 The year has kicked off on a promising note, with the industry...
Managing a rental property can be a time-consuming and stressful endeavor, especially for hosts who have multiple properties or are located in another city or country. This is where professional Airbnb management companies come into play, providing a seamless solution for property owners. Professional Property Managers with established companies might not typically hire other Airbnb management companies for their core operations, as they often have the expertise, resources, and systems in...
Welcome to an unparalleled era of accounting for vacation rental properties, where innovation isn't just welcomed—it's a fundamental necessity. At 365Villas, we've revolutionized the concept of a cutting-edge accounting system. It transcends being merely a tool; it's a niche-specific transformation tailored for the vacation rental industry, crafted to break through conventional boundaries. Our innovative approach has not only redefined standards but has also captured the attention of esteemed...
The vacation rental industry is at the forefront of a digital revolution, embracing technologies that redefine guest experiences and operational efficiency. Let's dive into how these innovations are shaping the future of property management. 1. Advanced Property Management Software systems Modern PMS systems have become indispensable for seamlessly handling day-to-day operations. Any Professional Property Manager requires a robust system that streamlines tasks, spanning from reservations to...
In a recent interview with ShortTermRentalz, Dave Payette, the founder and CEO of 365Villas, a London-based property management software provider, shared his valuable insights into the vacation rental industry.The discussion covered a wide range of topics, shedding light on the challenges faced by the short-term rental (STR) industry, emerging trends, and the potential impact of impending regulations. Here, we offer a glimpse of Dave's valuable insights, and we invite you to delve deeper into...
The holiday property industry is booming, but only those at the top of their game seem to be enjoying the kind of business they desire. It shouldn’t be any different for you. Here are four tips to ensure your guests keep coming back. 1. Omnipresence It is impossible to be everywhere at the same time, but you can be known on as many platforms as possible. The Internet and social media have opened so many doors for advertisement that it is unforgivable for a business to be unknown. Make the most...