A group of travelers pulls up to your cozy Bend, Oregon property, ready to explore the Cascade Mountains by day and sip craft beer by night. They've booked your rental over countless others because it promised more than just a stay - it offered an experience.
In a town that blends outdoor thrills with laid-back charm, your property can do more than just sit on the market. It can thrive. With the right tweaks and strategies, you can turn your vacation rental into the go-to spot for adventurers, foodies, and weekend warriors alike - all while maximizing your income.
We've got the 411. Read on to learn how to maximize income for your property rental for vacations.
Improve Guest Experience
A memorable stay not only encourages repeat bookings but also generates positive reviews, which are crucial to increasing vacation rental bookings.
Make your guests feel special the moment they arrive at your vacation rental. Provide a personalized welcome note and a small gift, such as:
- Locally sourced snacks
- Craft beer
- A guide to Bend's top attractions
Offering a thoughtful touch like this creates a warm first impression and shows guests you value their stay.
Excellent communication is key to guest satisfaction. Respond promptly to inquiries, provide clear instructions for check-in and check-out, and address issues quickly during their stay. Consider using vacation rental management tools to streamline communication and offer 24/7 support, ensuring your guests feel cared for throughout their visit.
Hire Holiday Property Management
Hiring a holiday property management company can help you increase bookings while freeing up your time.
Property management companies use advanced tools and market knowledge to set competitive pricing for your rental. They leverage dynamic pricing strategies, adjusting rates based on:
- Demand
- Seasonality
- Local events
This ensures you earn the highest possible revenue while keeping your property competitively priced.
Bend has specific rules and licensing requirements for vacation rentals. A property management company will ensure your property complies with these regulations, including tax filings, permits, and occupancy limits.
Market During Off-Season
Effectively marketing your property during quieter times can help maintain steady bookings and vacation rental income.
While summer and winter are peak seasons in Bend, the city has plenty to offer in spring and fall. Promote activities like scenic hikes with fall foliage, brewery tours like the Ale Trail, and relaxing hot springs visits. Showcase your property as the perfect base for these experiences, and tailor your marketing to emphasize the quieter, more relaxed pace of the off-season.
Entice off-season travelers with discounts or exclusive packages. For example, provide a stay of three nights, get one free deal, or partner with local businesses to offer discounts on activities like:
- Guided tours
- Spa services
- Restaurant dining
These added perks can make your property more attractive compared to competitors.
Property Rental for Vacations: Maximize Income Today
There's a lot you can do to boost income for your property rental for vacations. With these tips, you'll be on the right path to increasing vacation rental bookings.
Ready to unlock the full earning potential of your Bend, Oregon property? At PMI Central Oregon, we combine state-of-the-art technology, unparalleled local expertise, and over 20 years of global property management experience to help you achieve exceptional returns on your investment.
Contact us to get started.