Visitors are spending more than usual in the Wilmington area; a 14% increase from 2021 with $1.06 billion in spending. With the right vacation rental tips, you can use this to your advantage. Neglecting your vacation rental hosting strategy, however, could send guests to other vacation rentals.
Offering a five-star guest experience can help you increase bookings and revenue. Not sure where to start? Read on for our top vacation rental success strategies today!
Research Wilmington Rentals
Ensure your success by researching the Wilmington vacation rental market. What qualities help your property stand out? Consider what amenities your property lacks before making upgrades.
Cost-effective upgrades include:
- Updated curb appeal
- Free wireless internet
- A luxurious master bedroom
- Optimized sleeping spaces
- Updated kitchen appliances and counters
- Spa-like bathrooms
- Tasteful decor
Consider offering fun amenities to help the property stand out. You can impress guests with bikes, video games, or a hot tub.
Schedule routine maintenance to repair small problems before they worsen. If the property is in disrepair, guests will look elsewhere. Preventive maintenance can save you money on future renovations.
Use smart home technology to automate processes. For example, automated front doors can require a passcode instead of a physical key. You won't have to worry about lost keys or changing the lock code each time new guests arrive.
Update Your Online Listing
Improve your online listing to appeal to potential guests. The listing should feature:
- High-quality photos
- A list of amenities and special features
- Location-specific keywords
- A thorough description
Picture the audience you're trying to reach when updating the listing. For example, you can appeal to couples, families, or business professionals.
Personalization can show potential guests you care about their needs. You can adjust guest experiences based on their preferences.
Apply Hosting Advice
Enhance the guest experience by creating a welcoming atmosphere. Use tasteful decor to help guests relax.
Invest in professional cleaning services to keep the property spotless between guests. You can make a strong first impression and increase satisfaction rates.
Create a guidebook and provide guests with local recommendations. Mention upcoming events, restaurants, or attractions. Your guidebook can help guests experience Wilmington like a local.
Hire a Property Management Company
Instead of applying these rental success strategies alone, ask a property management company for hosting advice. A full-service property management company can cover:
- Marketing
- Guest screening
- Inspections and maintenance
- Cleaning
- Guest services
Relying on their professional services can attract more people to your Wilmington rentals. For example, they can help you set competitive nightly rates. This will maximize your occupancy rate without compromising revenue.
Master Vacation Rental Hosting Today
Without help or experience, mastering the art of vacation rental hosting can take time. Instead, hire a vacation rental property management company. Rely on their experience and expertise to generate more bookings.
Unlock the secrets of property management with our team at PMI Wilmington. We leverage proven, award-winning strategies to maximize each owner's profitability. Trust our 20 years of experience changing and perfecting the industry.
Ready to improve your earning potential? Contact us now for a free rental analysis.
