4 Ways to Improve Your Vacation Rental Business in the New Year

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December 19, 2022

As the year comes to an end, it is a good time for you to take a look back on the year it has been. Did you meet your expectations for revenue? Are there things that you wish you would have done differently? Changing your business model, even if it’s just small changes, is one of the best ways to succeed in the coming year. Here are 4 ways to improve your vacation rental business in the new year: 

1. Check the Reports 

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With everything that happens in your business from year to year, it is almost impossible to remember everything. That is why bookkeeping is so crucial. You can go back to all the invoices, payroll, productivity, and inventory reports to see if your business took a step forward during the past calendar year. Ideally, you would like to see continual growth in your business from year to year, and good reporting can help you determine if you have met your goals. Once you look back, take the time to also make your new goals for the coming year so you are striving to complete something. 

2. Meet With Employees 

Many businesses use the end of each year to meet with their employees to get a feel of how the inside operation of the business is working. Running a vacation rental business can be hard with new employees because not everyone is in a single office together. That is why it is important to schedule a meeting with your employees at least once a year. They will feel good that you care about their opinions, and you can also use this time to speak with everyone about new ideas or things that can be improved on. 

3. Network Outreach 

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While there are always many goals of a cleaning business, the number one priority is the same as most other businesses and that is to make a profit. The key to being successful in the vacation rental world is to continue to expand. You know that there are a ton of cleaning services out there, so you need to take the time to show why you are the best option for customers. Taking the time to reach out to the community and research the market is one of the biggest ways you can improve your company in the new year. 

4. Property Management

The new year gives you the opportunity to make improvements to each of your rental properties. Whether everything just needs a deep cleaning or there are broken appliances that have to be replaced, the new year is the perfect time to start fresh. We understand that the travel industry picks up during the holidays, but you can reflect once the calendar flips over to January and make the needed adjustments to your rental properties. 

Do you know what all of these solutions have in common? Our housekeeping app can make all these tasks easier than ever before. Sign up for a demo today and let us help you take your vacation rental business to the next level! 

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