Being a vacation rental manager can be exciting and financially rewarding. However, it can also be exhausting, especially when you’re swamped with managing check-ins and check-outs, communicating with guests, cleaning your properties and marketing the listings.
Whether you manage just a handful, dozens, or even hundreds of vacation homes for rent, it’s easy to get overwhelmed by the many tasks you have to juggle. The good news is that there are plenty of vacation rental management software tools available to make your job more efficient and less stressful.
More and more hosts are using these systems to update their calendars, streamline administrative tasks and optimize their listings for search — all within seconds and in one convenient platform.
But what is vacation rental management software in the first place, and how does it work? In this blog, we’ll go through the basics of vacation rental management systems and the amazing benefits you can get out of using them.
Also known as a property management system, vacation rental management software is a technology designed to centralize operational tasks and routine operations for your short-term rental property.
Instead of logging into Airbnb, Vrbo, LoveRentals, Booking.com or any other listing site you’re using to manage your reservations, these systems allow you to do it all in one place. You can also get quick insights into your occupancy, communicate with guests, assign tasks to your staff, process payments, update your listing information and more using a single platform.
The reservation management feature in VRMSs allows hosts to effortlessly change dates, prices and other information regarding existing reservations. Some providers, like CiiRUS, also offer 24/7 support to receive guest calls and accept reservations for you around the clock and throughout the week.
With a channel manager, you can seamlessly update your vacation home’s availability across all your listing channels. On top of this, some providers offer management systems that can sync your amenities, policies, terms, reviews and messages across the major marketplaces.
Not all providers offer an integrated vacation rental channel manager, so it’s best to find one that does. This helps you avoid having to deal with third-party companies and, instead, boost your efficiency using a single tool.
Vacation rental management software can also help you streamline your housekeeping and inspections. Solutions like CiiRUS allow you to not only plan and schedule tasks, but also produce automatic full task reports after completed cleans, inspections, and maintenance work. There’s also a space where your staff can report missing or broken items so you can take action quickly.
Since vacation rental management is rarely a desk job, using mobile-responsive VRMS enables you to respond to inquiries, send quotes and manage guest contact records on the go, whenever and wherever.
Keeping an eye on your KPIs and performance metrics is crucial in growing your vacation rental business — something that VRMS can help you with. Some software solutions generate automatic performance reports and interactive graphs so you can quickly analyze trends and seize growth opportunities.
Comprehensive VRMS solutions also include a guest portal where you can painlessly text, email and chat with your guests. This can also show them your listing details, payment options, house rules and maps to nearby hotspots.
Finally, a unified inbox with automation tools allows you to respond to guests quickly so you can ultimately provide them with smooth and impressive customer service.
An effective vacation rental management software should also be able to help you pay your bills, automate your cleaner payouts, process your tax reports and create monthly statements.
If you have a trust account for your rental income, it’s crucial to use a Trust Accounting compliant VRMS like CiiRUS, which facilitates the disbursement of advanced deposits into vendor payments, owner payments, taxes, and management company commissions.
Ensuring your vacation home is seen by travelers on listing websites is also crucial to your business’s success. VRMS providers can help you craft a high-quality, channel-specific, search-optimized listing so you can stand out from the rest, maximize your exposure and keep your property booked.
Revenue management is another helpful feature that vacation rental management systems often offer. They utilize industry-leading pricing technology to help you maximize ongoing market trends without paying extra for third-party pricing apps.
As with any powerful business tool, adopting new software comes with a cost, but this smart investment can save you time, effort and money. Once you’ve set up the system, you won’t have to worry about losing a reservation, receiving double bookings, managing multiple rentals or forgetting maintenance tasks.
All in all, vacation rental management software frees you from the drain of repetitive tasks so you can concentrate on making strategic business decisions, grow your bottom line, and enjoy quality of life.
Want to stay plugged in from the field and manage your Airbnb and Vrbo listings in one place? CiiRUS offers you a complete vacation rental management toolkit. Build a mobile-friendly direct booking website, oversee all your bookings and chat with your guests without needing third parties or extra fees.
Book a demo today to learn how CiiRUS can help you boost your efficiency and earn more with less stress!
Stay up to date about new features, events, & industry education