Proptech has taken a firm hold in the real estate industry with property operators and managers now deploying a wide range of technology tools to run their businesses. Having options is certainly good for operators in multifamily, vacation rental and commercial industries. But it can also lead to an overwhelming array of choices and “analysis…
The average number of short-term rentals on the market reached nearly 1.3 million in 2022, up by roughly 19% from the previous year and by about 7% from 2019, according to AirDNA. That’s a lot of competition! So, savvy property managers and hosts are looking for best practices to help their businesses stand out in…
The move-ins … the move-outs … all the work in between … Every property manager knows turnovers are annoyingly labor intensive. But today’s proptech providers are designing helpful software that cuts down on many of the pesky, repetitive tasks that bog down property staff, particularly during turnovers. Instead, automations now help save property managers time,…
The Must-Have for Every Vacation Rental Manager As temps climb, you can bet summer travelers will continue to come your way. According to Bankrate, 63 percent of U.S. adults are likely to take a summer vacation this year. That’s up from 61 percent in 2022. For vacation rental owners, that’s welcome news. With calendars booked…
Whether it’s Uber with cars or Airbnb with lodging, today’s digital landscape offers more and more ways for people to make money while participating in the sharing economy. Multifamily operators and residents have hopped on this bandwagon, too, by finding a way to capitalize on vacant units through home sharing. Also referred to as flex…
There’s a growing awareness in today’s world that everyone—from corporate giants to small business owners to normal everyday people—needs to make an effort to reduce our impact on the environment. Many in the short-term rental industry are realizing that they are definitely part of this collective, too, and are taking steps to ensure a greener…
