Vacation rental News
General Recommendations and Info for Property Managers During COVID-19 Crisis
This first quarter has hit all the tourism sector and the Vacation Rental Property Managers very hard with Coronavirus (COVID-19), but right what is most important is to try to keep calm and focus on how to overcome the next couple of months.
At Avantio, we would like to support our community during this complex phase with information that will help you and guide you.
Links With Information About COVID-19
We would like to provide you with more information about the virus from worldwide organizations that give you advice, it is important to have as much information as possible from true sources:
Advice on How to Reduce the Impact
Be Transparent. Communication is Key.
Have in mind that all your stakeholders (Guests, Owners, and Employees) will be seeking information from you.
Keep them up to date with all the safety measures you are taking and any business actions that you are planning.
Be More Flexible. Adapt Your Terms and Conditions.
Also, a lot of companies in the tourism ecosystem are enabling more flexible policies so that they do not lose their bookings and decrease the impact.
Be more flexible with the date change policy and minimum stay. This might reduce the number of cancellations.
How are OTA´s Responding to Coronavirus?
We recommend checking the actions that global OTA´s you are connected to are taking. Below you will find the links to Booking.com, HomeAway, Airbnb and Expedia
- General COVID-19 updates and FAQs
- General tips for hosting on how to minimize the impact
- Flexible Reservations
How Are Airlines Responding to COVID-19?
Below you will also find helpful information from FORBES on how airlines are responding to the situation:
Be Creative & Ready: Take Actions That Lower the Impact
Find creative actions to decrease the impact. Here are some ideas that might help you out:
- Have a look at your cross-selling options.
- Try to find niche and new target markets.
- Focus on your domestic travelers and even your local ones.
- Optimize your prices but without mortgaging your future with excessive discounts.
More Useful Links
Official Government Websites
Hope you have found this information useful. At Avantio we are here to support you by providing useful information that can help you and guide you.
Avantio Vacation Rental Channel Manager News
The latest news and updates from the Avantio Vacation Rental System
4 Touchless Technology Touchpoints Where you can Make Your Guests Feel Safe (+ List of Touchless Tech Examples)
The adoption of touchless tech to manage vacation rentals remotely is a good investment in the long run. Find out how and why.
Quick Guide SAFT-PT 2021. Keep up to Date Your Fiscal Declarations With Avantio.
SAF-T is a standard file that exchanges accounting and tax information. Avantio´s software is adapted for SAF-T files. Here´s a quick guide.
Make Extra Money From Alternative Business Opportunities
Make extra money from alternative business opportunities. Here’s a list of extras or services that Property managers are offering. Read more.
The Excellence of Team Work Towards Success
Florida Keys – Colorado Canyon – Napa – Orlando, all these destinations are fantastic, famous, and successful, but have you ever thought why?...
Why cooperation and synergy are positive for the sector and how they reinforce the idea that sharing a mission and vision leads to success.
Avantio and VRBO are old work mates. We have been working together and providing the best technology for our mutual customers for over...
PSD2 Legislation – what will change and what do I need to do?
Most likely you are somewhat familiar with the PSD2 legislation (Payment Service Directive) which will come into effect in 2021, but perhaps you...
5 Tips to Improve your Properties’ Occupancy
It is time to maximize your property occupancy, especially now that the demand is low. The US market is still active, and despite...
Professionalize your Property Care in Travel’s New Climate
– Tips for Optimizing Service Delivery During the Pandemic – The pandemic has highlighted the importance of maintaining high-quality, safe, and clean vacation...
Vacation Rentals in Europe Saved by the Bell
Despite the trials and tribulations for the vacation rental sector from February to May due to covid-19 restrictions, our data showed a surge...