The vacation rental market is set to grow by almost 9% in the next five years. If you own a vacation rental, that is excellent news. However, you need to do your part to take advantage of the market growth and increased demand.
Marketing your vacation rental attracts potential guests. So the more places you advertise, the more reach you have. The greater the reach, the greater the awareness, and the more bookings your property gets.
These are the top four vacation rental platforms you should be listing your vacation rental on.
1. Airbnb
Airbnb, a well-known vacation rental site, allows property owners to reach a vast global audience. It stands out for its comprehensive protection, including guest identity verification. This includes checks on name, address, and government ID to ensure guest safety.
Airbnb also employs reservation screening to block risky bookings. They offer $3 million in damage protection, covering art, valuables, and income loss. In addition, a $1 million liability insurance is provided for guest accidents or property damage.
2. VRBO
VRBO, a part of the Expedia Group, connects property owners with travelers. Private owners can attract guests who appreciate their property.
Listing on VRBO helps you find ideal guests who enjoy their stay, potentially returning for more, aiding rental business growth. Real-time data, competitiveness, and visibility tools are available to make informed decisions and increase bookings, making your property shine in the rental market.
3. Holiday Lettings
When it comes to reaching a global audience for your rental property, Holiday Lettings stands out as a top choice. It has a presence spanning over 150 countries.
This platform offers rental property owners a cost-efficient way to advertise their properties. The process is straightforward, with a free listing and a 3% charge on confirmed bookings, all managed through a user-friendly dashboard.
Moreover, your property gains invaluable exposure to millions of travelers through Tripadvisor's extensive global audience. This makes it a great tip for your vacation rental success. The website can process secure online bookings to create and update your advertisements.
4. Booking.com
Booking.com has over 1.5 million nights booked daily. Initially making its name in hotel bookings, the platform has substantially expanded its offerings to include vacation private property listings. One remarkable aspect of Booking.com is that they don't have a payment system.
Hosts can choose their preferred payment methods. However, there's a 15% commission fee per booking, which is conveniently deducted via direct debit.
It also doesn't impose cancellation fees on guests, providing flexibility for hosts and travelers. By listing your property on Booking.com, you open the door to a broad audience, with the added benefit of no extra commissions or booking fees for guests. Attract more bookings and expand your reach in the vacation rental market with Booking.com.
List on Multiple Vacation Rental Platforms
For property owners seeking to maximize the success of their vacation rentals, having a rental listing on many vacation rental platforms is a strategic move. Airbnb, VRBO, Holiday Lettings, and Booking.com all offer global exposure while ensuring safety and security for property owners. By listing your property on these platforms, you not only attract a broader range of guests but also enhance your booking potential, setting the stage for vacation rental success.
Let our property managers handle your vacation rental bookings to increase bookings and profits.
