Why is quality property management in 2022
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 2022.
Many private hospitality businesses are now struggling or even are out of business.
Four Dominating Causes
Clients Want the Best
Clients are not going to settle for okay properties anymore. They are looking for clean, well-organized, and up-to-date properties. They are looking for the best these days
Clients Check Your Reputation Online
And they’re willing to spend time on it. Clients these days are not going to accept anything less than exceptional service, and they expect to get precise descriptions of the available accommodation.
Social Change: Eco & Healthy
More and more people are looking for eco-resorts that feature natural materials like wood, stone, etc. They’re looking for accommodation options that serve healthy, organic food.
Dеcor Matters: Fresh and Light
Dark, gloomy colors, old fashioned beds, and cluttered spaces are no longer acceptable. Fresh and light rooms are what your clients want these days.
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.
According to research conducted in 2019 by eTrack, eMarketer and Alexa, 87% of all travel reservations are made online. Consequently, Internet travel booking revenue has grown by more than 63% over the past five years.
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.
More and more customers are seeking authentic travel experiences unique to their chosen destination. Part of the appeal of the shared economy concepts has been its ability to cater to these specific desires.
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.
Our approach at Complete Hospitality Management is truly unique and innovative. We adhere to the highest hospitality industry standards and our super-efficient team is committed to bringing our clients only the best options from multiple booking systems.
Chat via WhatsApp
What does our typical
onboarding process look like?
Agreement
Signing the initial agreement
of cooperation (3 days)
Meeting
Outlining everything what is going
to be accomplished and how (1 day)
Texts & Settings
Property descriptions, settings
and amenities (2 days)
Photos & Video
Setup property photos, photo
descriptions and video (3 days)
Prices & Promo
Property prices, specials and
promo setup (3 days)
Calendars
Calendars setup, synchronization
settings (1 day)
OTA Profiles
OTA profiles development
and setup (4 days)
Connectivity
Response templates setup
(1 day)
Sales start !
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.
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:
More money
Growth and stability
Satisfied customers
24/7 service
Peace of mind
You can find more information about service packages
and their costs here:
