CHM Property Management - Maximize Your Rental Income Unlock Success for Airbnb and Short-Term Rentals with Us
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Get a smoothly operated business
with higher profits in 2023
And then what happens? It could remain empty for years, just like so many other properties in the DR, bringing more financial losses and wasting your time.
And when it happens, your chances of selling it or renting it out at an acceptable price drop exponentially. Or possibly you’re in a position where all the income you do receive from your rentals is spent on just keeping your property in a decent condition?
- The truth is: that properties require an abundance of money to maintain.
- The truth is: that it is not easy to get a decent price for your property.
- The truth is: that the property market in the DR has changed drastically.
- You can get your property completely renovated and refurnished to meet the latest client standards, and thereby convert it from a liability into a profitable business. This, however, requires hard work and dedicated effort. You need experience, specific knowledge, and expert skills.
- If you successfully address these issues, you stand to double the profit margin on your monthly rentals. Furthermore, you can potentially boost the value of your property by 30-40%.
- This deck will help you as a property owner in the DR to address your rental and hospitality issues and resolve any doubts concerning working with a professional team of experts.
Get a new source of income
Oreuga, ap. Sea, Bavaro
Stop losing your money
by getting rid of property issues
Just imagine how it would feel to double your rental income from your property and increase its resale value by at least 32%. All of the above and you still have an opportunity to select your renters or buyers. Besides, you get to decide when it suits you to rent out or sell your property.
There are many customers out there looking for cozy, comfortable, ready-to-use properties or looking for properties that have the potential to generate an additional stream of income.
Why is quality property management in 2023
more important than ever before?
The new reality is that the property market has changed; things that worked for the past few years no longer do in 2023.
Many private hospitality businesses are now struggling or even are out of business.
Four Dominating Causes
How Hospitality Trends affect your business?
Booking systems market has changed dramatically and has become far more complicated:
Oreuga, ap. A5, Bavaro
What most property owners
struggle with?
It is an ongoing challenge not only to rent out a property,
but to sell it on time and for a competitive, market price if so desired.
How are your struggles dealt with?
The Unique Management Solution
Major benefits of our solution
| Complete Hospitality Management |
Typical Agency | |
|---|---|---|
| Specialization: | Hospitality management, OTA management, Revenue management | No focus |
| Clients: | Apart-hotels, Mini-hotels, Medium-hotels, Condos | No focus |
Oreuga, ap. A5, Bavaro
Is your property business keeping up
with the latest market trends?
If a real estate or investment firm manages your property, they are most likely still utilizing the same old methods they have been using since 2011. And therefore, your property, accounts, and reputation are being exposed to a higher risk than you realize.
Airbnb, which in the beginning left its pricing to the discretion of the hosts, has lately spent a significant amount of effort on developing a more transparent pricing model. This decision resulted from users' feedback, who were experiencing difficulties setting the right price range for their listings.
The predictive pricing algorithm provides hosts with a recommended price for their listing depending on several factors, including room style; property type; the number of reviews; guest capacity; location; seasonality; pricing of other listings; hotel and airline demand; and even temperature fluctuations at any given destination.
Given the diversity of unit locations in the particular markets that companies such as Airbnb serve, consumers are now able to enjoy an exclusive experience. Staying in local neighborhoods that don’t feature traditional hotel accommodations but do offer unique amenities is becoming a trend.
Following these tendencies, both emerging and traditional hospitality platforms must adapt to changing consumer preferences. It is now vital to be able to cater to various consumer segments, build loyalty programs, all of which will drive future growth.
How we make your business life untroubled?
The Service or the Product
It is certainly not easy to connect all the dots and create a system that works flawlessly. That’s why so many companies in this particular sector are failing. What we have managed to achieve with the help of our highly capable team is the next level. Besides, it’s tremendously different from the timeworn solutions currently available to the DR property market.
Many of our predecessors tried and failed, and we are well aware of why exactly they did not make it. This business is not smooth and uncomplicated, considering how rapidly and dramatically it changes each year. It requires dedicated focus, up-to-date knowledge, hands-on experience, and sophisticated technology to make it work.
We know how to run your property and manage personnel as we’ve done it before. Although our Complete Hospitality Management solution is unique to the Dominican Republic, our success track can prove that we guarantee real and positive results.
What you get is an innovative and premium booking service that will achieve excellent results, and bring you:
Oreuga, ap. A8-11, Bavaro
What does our typical
onboarding process look like?
Sales start !
Get free consultation!
What does it cost you?
If your property is in perfect condition and up to luxury, modern standards, and you just require automated management, including electronic systems and reputation management, it will cost only 15% of your monthly revenue.
Turn-key management solution for your property will cost you only 30% of your monthly revenue, offset by an expected increase of 2-3 times in your monthly rental profits. Please note that our conditions are negotiable.
You can find more information about service packages
and their costs here:
We understand the hospitality sector, and we know how to successfully manage rental properties. We have done this all before. That’s why we can guarantee you’ll have:
Success Story #1
Penthouse in Punta Cana
A spacious three-level penthouse located only in one-minute walking distance from Bavaro beach. It features 3 bedrooms and a large living room. BBQ and Jacuzzi are installed on the roof, while a common swimming pool is found in the patio.
| With Complete Hospitality Management |
Previous Management | |
|---|---|---|
| Revenue per month (average): |
$5,309 | $1,500 |
| Expenses: | $1,858.15 Including our management (30%) and electronic systems. Owner was not involved in operations at all. |
$150 |
| Monthly profit: | $3,450.80 | $1,350 |
| Annual profit: | $41,409.60 (2.5x) | $16,200 |
Mar de Corales 2, ap. A402, Bavaro
Success Story #2
One bedroom apartment in Bavaro, Cocotal
This one-bedroom apartment is located in the most secure gated community of Punta Cana – Cocotal. A coffee-shop and a minimarket are located in a walking distance. Surrounded by lush tropical garden, it also features a swimming pool.
| With Complete Hospitality Management |
Previous Management | |
|---|---|---|
| Revenue per month (average): |
$1,811 | $800 |
| Expenses: | $654 Including our management (20%). Owner opted to manage bookings himself to save an additional 10% on his CHM commission |
$400 |
| Monthly profit: | $1,157 | $400 |
| Annual profit: | $13,884 (2.8x) | $4,800 |
| Property price: | $185,000 | $138,000 |
Gema Bahia, ap. C5, Cocotal
Success Story #3
Small Hotel Bed & Breakfast
A small B&B hotel located only in one-minute walking distance from Bavaro beach. It features 24 rooms.
| With Complete Hospitality Management |
Previous Management | |
|---|---|---|
| Rooms: | 24 | 24 |
| Occupation: | 54% | 38% |
| Average rate: | $52 | $48 |
| Monthly income: | $20,217.60 | $13,132.80 |
Medium Hotel
A medium hotel near the Bavaro beach. We helped to renovate the rooms. We built 2 more rooms using empty space.
| With Complete Hospitality Management |
Previous Management | |
|---|---|---|
| Rooms: | 54 | 52 |
| Occupation: | 44% | 42% |
| Average rate: | $86 | $68 |
| Monthly income: | $61,300.80 | $44,553.60 |
Art Villa, Bavaro
Our Unique Approach
Reviews
-
Rico Pester - Property owner
When you hear that Complete Hospitality Management is professional in property management, believe me, these are not empty words. I am an owner… Read more
Daniel Anico Taveras - Villa owner
Art Villa appreciates people and companies, who specialize in one field, but do it professionally, showing deep knowledge of this area and achieving… Read more
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Alex - Property owner
Several months ago I, as a property owner, was not satisfied with the total performance of my business. It was rather hard to… Read more
Carlos Espinal - Property owner
CHM is the company upon which you can rely without any doubts. They are really experienced professionals, showing expert knowledge in property management.… Read more
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Anton - Property owner
I started working with Complete Hospitality Management when it was needed to attract more guests, mainly from US and Canada. I talked with… Read more
Yan Vargas - Multiple properties owner
With Complete Hospitality Management one may forget about all troubles and worries in respect to the guests. If this company manages your property… Read more
Our Team
Anastacia General Manager
Nadiia Okladna Property Manager, Designer & Home Stager
Mark Vasiliy Smetanin Lead Product Manager & Product Owner
Serge Osipov Sales Team Lead
Farid Mokaiid Digital Marketer
Anna Smetanina Channel Analyst
Reichell Sulbaran Channel Manager
Konstantin Ro Chief Technology Officer
Vladimir Grebeniouk Channel Manager
Olga Likhtarevska Channel Manager
Alberto Joseph Channel Manager
Alyona Zubareva Channel Manager
Get a free consultation!
Ducassi Ds11, Punta Cana 23000, DR