Veteran Owned & Operated!
Imagine this: The warm days and balmy nights of the Bozeman summer are fast approaching, Yellowstone National Park is awakening from its winter slumber, and your beautiful vacation rental property is ready to welcome its first guests.
Even the best vacation rentals won't market themselves, but you have no idea how to reach the right audience to let them know you're waiting for their bookings. With billions of users and over 60% of the market share, online vacation rental platforms are the best way to spread the word.
Choosing the right vacation rental platform can significantly boost your profits and minimize hassle, but you'll need to find your perfect fit first. Read on for a snapshot of the top rental platforms to help you decide.
Understanding Your Options
Although every platform operates along the same general principles, each has its unique benefits and drawbacks, so it's essential to understand what they offer. Here's a quick overview of the most prominent ones:
Airbnb
Known for its user-friendly interface and wide reach, it also allows homeowners to set flexible rental policies. The trouble with Airbnb is trying to get your property to stand out amongst the 8 million other listings.
Vrbo
A favorite among families looking for whole-home rentals. Vrbo appeals to guests wanting more space and amenities.
With this platform, you'll pay around 8% in commission and fees on every booking, and some smaller vacation hosts find this prohibitive.
Booking.com
Booking.com started as a hotel booking platform, but it has expanded its offerings to include vacation rentals. Despite the complicated listing process, Booking.com is a good option if you're targeting international guests.
Features to Consider
There are certain aspects you must take into account when making your decision about which platform to use. Be sure to research the following:
- Listing Visibility: How well does the platform promote listings? More visibility means more bookings.
- User Reviews: Platforms that allow guests to leave reviews can influence future guests' decisions.
- Fees and Commissions: Ensure you understand any costs involved, as this can eat into your profits.
- Support Services: If you require help managing your listings, look for platforms that offer dedicated support.
Your Next Steps in Choosing Vacation Rental Platforms
Choosing the right vacation rental platform will help you maximize bookings for a property income boost, so you must consider your options carefully.
Consider testing a few platforms to see which one suits your management style and guest interaction preferences but also reaches your target audience.
A full-service short-term property management company in the Bozeman, Montana area can help guide your choices and streamline your booking operations.
Make The Right Choice Today!
In Bozeman's thriving rental market, choosing the right vacation rental platforms means you'll get your share of the millions of travelers who visit here annually. Choosing a great property management company helps reduce the stress of managing a busy property on your own.
PMI Madison Valley is here to support you in this decision and many more. Our years of experience mean we have the skills and marketing know-how to ensure the right guests find your rental units and return year after year.
Call us today, and let's get your investment property on the map!
