Vital Vacation Rental Management Best Practices, Lake of the Ozarks, MO
The Lake of the Ozarks hosted over 500 bass fishing tournaments in 2022 alone. It's also a hub of watersport activity in the summertime.
So, if you own a vacation home on the shores of Lake Ozark or close by, you've already got a head start on attracting renters. The trick is to keep up the momentum once you've hosted your first few guests.
Read on to discover vacation rental management practices for an enhanced guest experience.
Property Maintenance Management
Publishing positive reviews is an excellent tactic to promote your vacation home and maximize rental income. Negative reviews can play an important role here, too, by highlighting how you can improve your property.
Frequent maintenance is key for attracting new guests and encouraging repeat business. These tasks include maintaining your property's roof, HVAC system, landscaping, and safety features.
Hire professional deep cleaning services for your rental property after guests check out. Additionally, daily housekeeping services are highly appreciated by vacationers.
These companies have large teams of cleaners armed with the most effective cleaning tools. This ensures quick and thorough service.
Desirable upgrades can help your property stand out amongst the competition. Premium amenities include:
- Outdoor entertainment areas
- Swimming pools
- Smart technologies
- Free Wi-Fi
Providing a basket of complimentary toiletries and snacks is a nice touch for making guests feel welcome.
Study Vacation Property Trends
Research your competition to establish which upgrades attract more bookings. Compare prices to see how much you can increase your rates after implementing these improvements.
Your efforts may also reveal seasonal pricing trends. This can help you come up with ideas for implementing attractive off-season discounts and special offers.
Be sure to update your online listings regularly so they don't become stale. Stay up-to-date with local regulations and tax obligations for short-term rentals.
Prioritize Your Guests Needs
Guest management is as important as property and marketing management when you own a short-term rental home. Excellent customer service will help your property stand out against the competition.
Make yourself available to cater to your guests' needs around the clock. You must attend to emergency repairs or maintenance requests promptly and be available to assist them with queries at any time.
Providing a welcome letter and brochure about local attractions is a nice touch. You must still be available to offer local insights when needed.
Be present to welcome them on arrival and bid farewell on departure. These are good opportunities to get feedback about their stay and prompt future reservations.
Hire a Professional Vacation Rental Management Team
Hiring a property manager ensures your rental home and your guests receive the attention they deserve.
PMI Lake of the Ozarks is backed by over 20 years of real estate experience. We offer the full range of property management services for short- and long-term rental properties.
We can assist you with marketing, cleaning, and maintenance services. We are well-equipped to manage bookings and welcome your guests in fine style.
Let us help you stay on top of your vacation rental management tasks and maximize your vacation rentals.