The first annual Vacation Rental Week has just wrapped up and Atwood Vacations & Real Estate was a proud participant! We’d like to use this opportunity to review and highlight the value and key benefits of professionally-managed vacation rentals for both guests and property owners alike, and to encourage you to book a stay or choose a professional manager to rent your vacation property.
Vacation rentals present you with a unique opportunity to create a more personalized, memorable vacation experience when compared with traditional hotels. You’ll have the practical comfort of an actual residence, the ability to explore the neighborhood, and the opportunity to discover aspects of your destination you might not encounter when staying at a hotel. If you’re vacationing with a group of family or friends, vacation rentals are an excellent option, typically offering multiple bedrooms, kitchens, laundry rooms, and easy access to local entertainment.
For property owners, renting your second property through a professional manager can be an easy and reliable revenue source, transforming it into an asset that offers a significant return on your investment. You’ll also be able to use the property when you choose, spending your own vacations there with family or friends, while renting it to guests the rest of the year.
A professional vacation rental manager will handle all the logistics, securing responsible guests, and maximizing your return through an expert understanding of the industry and in-depth knowledge of the local community. They’ll also advertise the property, handle inquiries, collect deposits and balances, generate agreements, and follow-up post-rental, so you can sit back and simply enjoy the experience.
For guests, benefits to highlight include:
Better Value: Additional space, privacy, and amenities—all included.
Endless Options: More available properties, more variety, and more destinations worldwide.
Comfort of Home: Guests can create a more personalized, memorable vacation
experience with the comfort, safety, and convenience of a private residence.
Local Flavor: Greater opportunity for an authentic, localized experience.
Flexibility: Vacation rentals in your own region are often driveable, allowing you to be
flexible with your travel plans.
Great for Groups: Multiple bedrooms, kitchens, laundry rooms, and easy access to local events, entertainment, and fun.
For property owners, benefits to highlight include:
Easy and Reliable Revenue Source: Renting a second property transforms it into a
valuable and reliable asset that offers a significant ROI for many years to come.
Vacation When Convenient: Owners can use their property for personal vacations,
while renting to guests the rest of the year.
Hassle-Free Renting: Rental managers handle all the logistics of renting a property,
with an expert understanding of the industry and in-depth knowledge of
Tax Deductions: Owners typically have the ability to deduct mortgage interest on their properties along with other expenses related to the rental.
Impacts on the Community: Supports the local economy by facilitating guest spending locally and job creation.
Atwood Vacations is a proud member of VRMA and we are happy to answer any questions you might have about booking a vacation rental or listing your home as a vacation rental. Get in touch with us today!