January 8, 2017

Vacation Rental Deals Site Vacasa Saves the Headache

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The vacation rental market has exploded in popularity over the past few years. That's due to a combination of some of the biggest new startups on the market along with the booming travel industry that allow people to take travel deals into their own hands.

It’s now possible to fly anywhere in the world for a reasonable cost and stay in some of the most unique accommodations outside of traditional hotels.

People rent out everything from tree houses to luxury beachfront cottages all around the world. While the gig economy has provided unparalleled means to rent to and from anyone online, it has opened up an untapped market when it comes to another option for accommodations: managed vacation rentals.

There is a long list of factors when it comes to booking a vacation rental directly from an owner online. While a lot of people love the ability to communicate directly with owners, the actual process of where to stay fluctuates everywhere you go and you’re never sure what you’ll get. That can be due to a variety of factors:

  • Inconsistency across vacation rentals
  • Different housekeeping standards
  • Amenities
  • Toiletries
  • Snacks, beverages, kitchens
  • Guest services
  • Communication with host
  • Availability to receive key

That’s where the start-up Vacasa comes into play. Rather than aiming to compete directly with some of the largest peer-to-peer vacation rental companies online, it sets itself apart by offering a full-service rental service all around the world.

Full-Service vs. Peer-to-Peer

The difference that Vacasa aims to achieve is consistency for travelers while making property management easier for owners. With peer-to-peer vacation rentals, everything is handled directly between renters and owners. That doesn’t just include booking; cleaning, keys, communications, amenities and supplies are left entirely up to messages, time and money spent between owner and renter. For most people, that is absolutely fine but it isn’t for everyone.

Vacasa aims to fill a service that’s left open by the peer-to-peer market. Specifically, that means offering a full-service vacation rental service that encompasses all the needs of both homeowners and vacation renters. It makes life easier for everyone involved plus it infuses a more consistent experience for the renters.

Full-service vacation rentals aim to marry the consistency that travelers receive when they stay in top-tier hotels with the uniqueness of staying at different properties all around the world. It does that by hiring local property managers, cleaning crews and maintenance professionals globally so that owners can maximize their investments while renters receive a consistent experience.

All in all, Vacasa has helped over 1,400 people find work around the world simply by offering a top-tier property management experience at over 5,000 vacation rentals. It helps owners optimize their rates while streamlining upkeep and reservations while renters know what they get when they book a vacation rental on the other side of the world.

How It Works

Vacasa bills itself as one of the largest tech-driven, full-service property management vacation rental company on the market. What sets it apart is the technology and algorithms at play for owners to get the most value out of their properties while doing the least amount of work. It is constantly working to update and manage the following components:

  • Fluctuating rates in the area
  • How weather patterns will affect prices
  • Big events to drive up demand
  • Seasonal changes in availability
  • Competitor pricing
  • Trends in regional bookings

In addition to the tech-driven optimization of bookings is the boots-on-pavement work with local employees so that every vacation rental receives the same level of service. Renters know what they’re going to get and owners only have to do a fraction of the work.

Vacasa vs. AirBnB vs. VRBO

While AirBnB is the leader in peer-to-peer vacation rentals, and is now getting into the business travel market, that success has been fueled by putting renters directly in touch with owners. That usually works great, but it causes a lot of extra work and leads to inconsistency across rentals. One person’s idea of cleanliness is different from the next and you never know what you’ll get when it comes to amenities and guest services.

VRBO and their family of vacation rental companies like HomeAway serve more like online classifieds for renters and owners to find each other. It offers a great platform for people to list their properties and travelers to find what they’re looking for. A lot of the property management and details are left to the owner and renter.

Vacasa is looking to carve out a niche market by using a tech-driven platform to maximize income for property owners. It does that by automating key specs so that rentals are listed fairly for both owner and renter. In addition to that, it sets itself apart by hiring local employees so that travelers know exactly what they’re getting when they stay in a Vacasa property. That means consistency across cleaning, guest services and amenities. And owners don’t have to worry about repairs and maintenance because those are handled by the management company as well.

How to Get Started

If you’re looking to browse the vacation rentals offered around the world, cruise over to Vacasa.com and explore by region, country or state.

If you are interested in renting out your property for additional income, click the grey button in the top right that says, “List your home.” You can also learn more about the perks offered by Vacasa on their property management site.

Just as AirBnB, VRBO and the largest hotels around the world offer something specific for every kind of traveler, Vacasa might not be for everyone but it fills a need in the vacation rental market. When it comes to consistency in stays while retaining the uniqueness in properties plus making life easier for owners, it’s a great new addition to the market.

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