Using a rental property agency can be an excellent choice for vacation property rental starting in 2024. Let’s take France example: with over 1.2 million accommodations on the French short-term rental market and an average occupancy rate of 45%, travellers typically rent an apartment for an average of 4.7 nights, generating significant financial turnover, estimated at $750.8 million in 2022 (source: Spherical Insights). To capitalize on this financial opportunity in real estate, it is essential to stand out by creating your own booking site.
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As a Rental Property Agency, why Create Your Booking Site?
In 2022, over 100 million bookings were confirmed on various platforms like Airbnb. These figures highlight the profitability of the short-term rental market. To maximize earnings in short-term rental property management, maintaining an online presence and adopting an effective strategic approach is crucial. This allows potential customers to book directly on your site, bypassing intermediary platforms and, thus, avoiding their service fees. Creating your direct booking site is the best strategy for entrepreneurs in this sector and offers numerous advantages.
Direct Booking: Freedom from Commissions for your Rental Property Agency.
Entrepreneurs in short-term rental property management or housing owners can save significantly by avoiding commissions. Traditional booking platforms like Airbnb, Booking.com, and others impose service fees on travelers and hosts, including rental property agencies managing complete property stewardship. Service fees can be substantial, and in some cases, commissions of 14% to 19% of the total booking amount are charged to short-term rental providers.
Direct Booking: Complete Control Over Your Rental Business.
Direct booking on your own short-term rental property site can ensure a substantial reservation flow. This becomes an additional traffic source and an effective way to retain customers. With this system, you can have total control over your rental income and receive your earnings instantly. This enables you to take full control of your business, providing a simplified user experience as booking directly through providers like BEDS24 mitigates the challenges encountered on traditional booking platforms.
What Is BEDS24 Channel Manager for A Property Rental Agency?
BEDS24 is a leading channel manager that automates the management of bookings on short-term rental platforms. Present both in Europe and in the US, it represents a significant financial advantage for rental property agencies and owners by taking direct bookings on their own websites through its advanced booking engine. It automatically manages the calendar, rates, room availability, deposits, payments, and even sends contracts. It can also automate the sending of booking confirmation messages to clients on all platforms such as Airbnb, Booking.com, and Abritel.
The Advantages of Integrating BEDS24 on Your Booking Site
As a highly efficient booking tool, BEDS24 offers a compelling solution for accommodation providers. This solution is particularly recommended for short-term rental property agencies due to its ability to streamline workflows. BEDS24 significantly reduces the workload by automating many daily tasks, making operations easier and more profitable. It is both a cost-effective and quality solution because using a channel manager like BEDS24 not only maximizes rental income but also enhances service quality and efficiency.
Can an Existing Website Be Improved to Integrate BEDS24?
As a Property Rental Agency, to benefit from BEDS24’s features, your site must be built on WordPress so that the plugin can be installed normally. Improving an existing website to enhance performance can be straightforward for some, but if you are seeking a more significant return on investment, consider hiring professionals with proven expertise in WordPress Elementor. Many investors in the short-term rental market, such as Nice Renting, have entrusted the creation of their websites to Calessia Digital, specialists in custom website creation. This ensures a more cooperative website that effectively converts visitors into real clients.
If you are a Property Rental Agency and are looking for a development expert to improve your booking site, or if you wish to create a new one, please contact Calessia Digital.
