Industry Leaders Talk Vacation Rentals

The mainstreaming of vacation rentals, regional consolidation, regulation and technology-driven operational efficiency were themes at the closing session of the annual Vacation Rental Managers Association conference.

Panelists from TripAdvisor (which owns FlipKey), Airbnb, HomeAway and Booking.com spoke on the theme of “The Next 30 Years.”

Technology-driven operational efficiencies Making it easier to rent was one of the most important changes in the coming years, according to Airbnb. The goal of all the platforms is to make the most money as possible for renters/owners while ensuring high satisfaction among guests. To do this, there are dozens of products and services to drive down the effort it takes to manage a rental: on-demand cleaning services, welcoming concierges, professional managers, automated locking and entry locks, security syst

Source: Tnooz – Airbnb, HomeAway, TripAdvisor, Booking, and Rented talk vacation rentals

TurnKey is poised at the forefront of these industry trends toward technology-enabled, highly-responsive property management. We have anticipated and pivoted changes to the vacation rental industry and will continue to do so.

 

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