Vacation-rentals-by-owner: Depending on the area your vacation property is, you may find it difficult to compete with other rental properties. Price reductions have a limit – there is a thin red line that you simply cannot cross and if you do you face losses. So you must stay creative in order to attract the bookings yourself instead of losing them to your competitors, and you can do that using what is known in Marketing as Value Added Services, meaning services that you can provide at no extra cost, or at special rates to enrich your final offer to your potential clients so that they choose you instead of choosing vacation rentals from other owner competitors.
Below are some ways you can beat your competitors and have potential renters rent your home for for their vacation. Make the following offers to them.
WiFi: You must provide Web access, if you want to be competitive and beat your competitors; people are always looking for free internet access and they would much rather use yours instead of theirs which may incur additional charges. You can also add it as extra with a little daily charge, but free WiFi works like magic. Just remember to ask your renters to fill-in a form that you will provide which will protect you from their access to unauthorized sites like gambling, porno, violence etc..
Shopping orders: Yes, it works like magic; you can arrange for someone to take shopping orders for the local grocery store and bring them home for them, and you can arrange the bill at any time it is convenient. If you are close you can do it yourself, or otherwise put another family member to do it.
Breakfast: There are two types of breakfast; the simple one and the complicated one. The first is simply a matter of filling the fridge with toast bread, butter, eggs, and have cereals and honey / marmalade in the cupboards as well as milk, coffee tea bags chocolates and muesli. The second is if you have more than one property; you find a catering company and outsource the full breakfast to them. They will prepare it every morning between say 7 and 10, then collect everything and clean until the next day. If you outsource to a catering company you will probably find out that you do not need an extra license for your property from the local municipality office or tax office.
A boat for seaside or lakeside property: I thought of this for my villas and when we put it to work we got a 20% increase on our bookings. We provide life jackets, everything for the renters safety is there, we have fishing gear, and they only thing they pay is the gas. This works marvelously with Jet skis or canoes too.
Car rental: there are places with vacation rentals by owner Businesses that are quite remote but very beautiful, but because of their location they failed to get bookings. We made a deal for the owner and he offered in the price a car rental. The owner would bring the customers to the house at no cost, and then they had a car for the length of their stay. Booking rates improved.
There are many things you can do to increase your bookings. These are some very successful examples for value added services that you may use for your case if you are in the vacation rentals by owner business.
In case you are searching Internet for info about renting a luxury vacation home, please hop on over to vacation rentals by owner website.