Vacation Rental Industry Posts
January Vacation Rental News Updates

January Vacation Rental News Updates

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...

The Essential Role of Airbnb Management Companies

The Essential Role of Airbnb Management Companies

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...

Setting New Accounting Standards in the Vacation Rental Industry

Setting New Accounting Standards in the Vacation Rental Industry

Welcome to an unparalleled era of accounting in property management, where innovation isn't just welcomed – it's essential. At 365Villas, we've reimagined what a cutting-edge accounting system can be. It's more than a mere tool; it's a niche specific transformation in the vacation rental industry, designed to shatter conventional standards. Dive in with us as we unveil how 365Villas is rewriting the rules and setting extraordinary new benchmarks. Tailor-Made for Vacation Rentals Imagine...

The Future of Vacation Rental Management with Innovative Technology

The Future of Vacation Rental Management with Innovative Technology

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...

365Villas Insights: Navigating the Future of Vacation Rentals

365Villas Insights: Navigating the Future of Vacation Rentals

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...

Getting your database GDPR compliant

Getting your database GDPR compliant

NEW EU GDPR REGULATIONS COME INTO FORCE LATER THIS MONTH, WHICH WILL AFFECT THE WAY THAT AGENTS AND OWNERS STORE AND PROCESS THE PERSONAL DATA OF EU CITIZENS. IS THE DATA IN YOUR PROPERTY MANAGEMENT SOFTWARE GDPR COMPLIANT? AT 365VILLAS WE WANT TO ENSURE OUR CLIENTS ARE PREPARED FOR THE NEW LEGISLATION AND HAVE PUT TOGETHER THE FOLLOWING GUIDELINES TO CHECK THAT YOUR DATA IS COMPLIANT. Before we start, let’s just remind ourselves what GDPR is all about… The EU’s General Data Protection...

Wix vs WordPress – Which one is better for your vacation rental business?

Wix vs WordPress – Which one is better for your vacation rental business?

Wix vs. WordPress. If you’ve heard of Wix, it’s probably through their massive advertising campaigns. You will have an idea of their platform as fast, fun, and flashy. In a way, they’re quite like the Apple of web builders. Today, we’ll look at which platform is best—the Wix vs. WordPress comparison that’s been a long time coming. By the end of this article, we’ll have answered a key question: After knowing the special needs of this industry, which one is better for your vacation rental...

Property Management Software (PMS) Versus Manual Tools

Property Management Software (PMS) Versus Manual Tools

As an agent managing several vacation properties or other short-term rentals, you have to choose which tools and work practices are best for your business. All agents have the option of selecting a Property Management Software (PMS) solution, working with separate manual tools, or using a combination of both. Agents have a lot on their plate: dealing directly with prospects and guests, marketing their owner rentals, managing bookings and payments, overseeing cleaning and check-in processes,...

Meet Your Future Perfect Guest: The Digital Nomad

Meet Your Future Perfect Guest: The Digital Nomad

Digital Nomads. Remote work is a big emerging trend. A few years ago, the words “work at home” made it sound like you were one step away from being let go. Now, it’s what all the cool kids do. However, home is no longer a specific place. Today, “home is where the heart is” has a whole new meaning. Digital Nomads combine a career with the freedom of traveling on their own schedule and they want to make the most out of it. They are abandoning boring office cubicles and looking to buy experiences...

Is your Vacation Rental Business becoming Everybody’s Business?

Is your Vacation Rental Business becoming Everybody’s Business?

By now, everyone should be aware of significant changes afoot with some of the bigger channels; changes that have been trending for some time and are continually encroaching on property manager profitability. The most notable example is a recent announcement from HomeAway stating that they plan to proceed with: A 25% increase in the cost of listing subscriptions A New fee applies to users that work with integrated softwares A 10% fee for bookings made through different channels, but that HA...