The key to maximizing the rental value of your properties is to understand what makes your guest decide that it´s worth it to pay a bit more to stay in your home.
Different styles of properties can attract different guests, so let’s see what we can do for you!
1. Clean and modern style
These days, a dated decoration style equals bad business. Get rid of those palm-inspired wall art and replace them with modern abstract art. If you are a DIY person, you can even repaint the frames!
Same goes for old bedspreads and chipped nightstands. There is no room for that in a good priced rental home! And let´s do the math: you spend a couple of hundreds in replacing old art wall and linens one time, and you can increase your night fee by 10%.
Sounds promising, right?
2. Upgrade kitchens
Replacing a tired and out-of-date kitchen can not only have an impact on rents but can encourage longer stays. But it is not just replacing big appliances because adding a good coffee maker and restocking cooking utensils can have a great impact when a mother with 3 kids is choosing their dream place for a family vacation. And don´t forget children tableware! Cost is almost nothing and everybody loves it J
3. Add as many beds as possible!
Sometimes is not about the number of bedrooms but about the beds. In destinations as Kissimmee and Orlando, families with kids are often your main customer. So, bunk beds and sofa beds can make your 2 or 3 bedroom home be a great and affordable option for a 7 or 8 guest party.
4. Target business travelers
Orlando and Kissimmee are areas that attract business travelers. A comfortable desk to work, high-speed wi-fi and a basic welcome package can open a whole new market for you!
5. Offer ‘added extras’
Many people consider that guests are renting a home they are on a budget, however, for some people, renting a home is their first option for the comfort if offers.
You can have access to a premium guest market, it may be possible to secure more rent by providing a higher than average spec property with state of the art appliances, décor and security systems.
Reach out to us to find new ways to upgrade your vacation home up to a new income level!
