More than 4,500 short-term rental managers participated in the 2022 State of the Short-Term Rental Community Survey, conducted by Rent Responsibly and the College of Charleston, which was a first-of-its-kind research initiative to create stronger and more harmonious short-term rental communities everywhere.Read More
As fellow short-term rental owners, we’ve compiled a list of the tips that we wish we had had when we were first entering the industry, or even when we already had a foot in the door, but were looking to improve and grow our businesses!
On its face, it can seem like Airbnb is a comprehensive tool for short-term rental owners. It offers dynamic pricing, its own booking engine, and a clean interface through which to communicate with clients. However, if you are truly looking to maximize your rental revenue, you’ll want to work with more than just Airbnb–and the first step you’ll want to take is in the direction of Airbnb management software.
The concept of vacation rentals is not new, but the booking experience for both guests and hosts has changed dramatically in the last decade. Renting a private property offers an attractive alternative option to traditional hotel accommodations, and often comes with more amenities, more privacy, and more flexibility.
Direct booking websites offer property managers a way to show off your property to prospective renters and obtain their reservations without the help (or the fees!) of a third-party listing site.
It’s not the shiniest part of being an entrepreneur, but it is one of the most important: keeping straight books. Implementing the correct vacation rental accounting software will save you countless headaches.
If you work in the short-term rental business, then you know it’s essential to keep your Airbnb calendar as up-to-date as possible. Learning how to keep your calendars in sync will save you countless headaches in the long run.
Curious about what a good channel manager can do for your business? Sync your vacation rentals across multiple booking platforms with Futurestay's channel management feature.
How much should you charge for a night at your Airbnb rental? This is a question that you should be asking yourself at the beginning of your short-term rental journey and then ask again as you continue to navigate through the process of soliciting, booking, and managing short-term tenants.
Dynamic pricing is one of Futurestay’s most revenue-generating features for our clients. If you are unfamiliar with dynamic pricing, the short version is that it allows you to adjust rental rates to maximize revenue, boost occupancy, or in the best-case scenario do both. In fact, our clients report up to a 40% increase in revenue thanks to this tool.
Launched in 2019, Google Vacation Rentals provides travelers with an efficient way to find unique stays in a variety of locations around the globe with just the click of a search button.
Who wouldn’t want to make more money faster? If you’re looking to achieve financial freedom sooner, rather than later, becoming a short-term rental owner offers the promising first step toward freedom from your day job.
Futurestay, the leading technology provider for independent property managers in the short-term rental industry, has secured $11 million in Series A funding...
Futurestay is celebrating Vacation Rental Week in partnership with VRMA from March 7-11. Vacation Rental Week was created to spread awareness about the positive impact that professionally-managed vacation and holiday rentals have on guests, property owners and local economies large and small.
Although listing a property on Airbnb or Vrbo is as easy as uploading a few photos, providing a few details and linking a bank account, there is much more involved to renting responsibly.
Reputation is everything, and it should be no surprise by now that potential guests are going to be looking up reviews and ratings of your short-term rental. If you’re looking to set yourself apart from the pack, you can’t cut corners on guest experience or amenities.
With real estate values continuing to climb, the short-term rental industry is an industry with a particularly high cost of entry. Although the initial investment in property can be steep, the returns can be even higher.
A guest book takes the guesswork out of running your short-term rental. Instead of calling or texting you constantly with questions, your guests can always refer back to your welcome book.
Welcome gifts are a powerful tool for property managers to use to grow their rental business. When a guest walks into your rental and finds a gift or personalized note waiting for them, it kicks off their stay on a high note and increases the chance that the guest will leave a positive review and return to your property for future stays.
More than 4,500 short-term rental managers participated in the 2022 State of the Short-Term Rental Community Survey, conducted by Rent Responsibly and the College of Charleston, which was a first-of-its-kind research initiative to create stronger and more harmonious short-term rental communities everywhere.
With an estimated 1.1 million short-term rental listings available in 2021, the competition for guests is fierce. Here are 22 easy ways to help your listing stand out from the crowd in 2022.
The survey led by Rent Responsibly aims to help uncover the missing links between short-term rentals and their local economies and governments.
Along with vacation-rental occupancy and booking volume, vacation-rental noise complaints are on the rise in 2021. But they don’t have to be. Our friends at NoiseAware have 5 effective, easy-to-implement ways to halt noise complaints before they happen.
Futurestay is proud to introduce Business Essentials, a suite of services that are proven to offer real value to independent short-term rental managers.
Morgan Page of Cedar Creek Lake Getaways shares how she used Futurestay's platform to scale her family's short-term rental business into a 20-property operation
Futurestay’s CEO, Philip Kennard sit alongside Brian Egan from the innovative Evolve Vacation Rental and Wouter Geerts, PhD from Skift, to speak about independent property managers.
Propelify Innovation Festival 2020’s overall theme is building a better future for all.
Phocuswire feautres Jared Alster’s article, “Short-term rentals and misalignment of the marketplace.”
Futurestay’s CEO, S. Philip Kennard joins speakers Aneesa Arshad, Mateo Bradford, and Nina Taylor on the STRz Podcast, sharing their thoughts about diversity and equality in the hospitality industry.
Futurestay is featured in Phocuswire following $2.4 million venture round, led by BNM Ventures and New York Angels, with participation from Newark Venture Partners and Harvard Business School Alumni Angels.
Futurestay CEO, S. Philip Kennard, on the pandemic of 2020
The Futurestay team will compete alongside Bookingsync / Smily, Nextpax, Kosmosol, and Djubo to win Booking.com’s first hackathon.
The Futurestay team spent five days in New Orleans, Louisiana for the 2019 VRMA International Conference.
Propelify 2019 offered attendees a day filled with speakers, investor networking, and presentations.
The Futurestay C-Suite had an amazing time at Booking.com’s 2019 Click. Conference.
Futurestay is one of a few vacation rental technology companies to exhibit at Booking.com’s Exhibitor Brief at the 2019 Click. Conference.
Futurestay included alongside partners Airbnb, Vrbo, and Booking.com in Skift’s report, “The Short-Term Rental Ecosystem and Vendor Deep Dive 2019.”
Futurestay was featured in VRMA Arrival magazine following it’s win of the VRMA Innovator of the Year Award (2018).
Futurestay is invited to compete at the 2018 Phocuswright Conference Summit in Los Angeles, California.
Futurestay named Phocuswright Battleground Winner 2018. Futurestay’s CEO, S. Philip Kennard wins Phocuswright Battleground Summit 2018.
Futurestay CEO, S. Philip Kennard presented Futurestay’s technology at the VRMA International Conference. Futurestay was the only vacation rental technology to compete in Battleground.
Futurestay is named in Padlifter’s Top 2019 Vacation Rental Blogs.
The 2018 VRMA International Conference takes place October 27-30, 2018 at MGM Grand Las Vegas. In partnership with Phocuswright, VRMA Battleground is a chance for start-ups in the vacation rental industry to present their ideas, products, and services.
Futurestay CEO, S. Philip Kennard, spoke about investment capital 101 on SiriusXM 126 Urban View with the Momentum Advisors.
Futurestay competed alongside four other companies to be named ARDA’s Innovation Fast Track Winner.
Futurestay is presenting at ARDA World 2019, the Global Timeshare Event.
Futurestay is featured alongside many of today’s real estate and vacation rental pioneers like Barbara Concoran (Shark Tank), Peter Lorimer (Netflix’s “Stay Here”) and the Property Brothers (HGTV).
For the week, Futurestay’s team would participate in HomeAway’s first partner Hackathon
What do guests look for when booking their vacation rental? Knowing the answer allows rental owners to market to their target audience.
Futurestay has been named in Phocuswire’s Hot 25 Startups for 2020, alongside companies like AirGateway, SkyLads, and Tastemakers.
While you may know our Rental Advisors, Founders, and C-Suite, do you know the people who build and maintain Futurestay? They’re our product and tech team.
Our goal is to introduce the entire Futurestay team to our community through one-on-one interviews. You can get to know the people you interact with every day or those who work behind the scenes.
Vacation rentals are a type of short-term rental properties which have the added benefit of acting as your second home.
Skift writer Sean O’Neill includes Futurestay in Skift’s Top Travel Startups to Watch (2018).
Futurestay is excited to feature our third property spotlight! The vacation rental entrepreneur for this week is Mary Borlase. She owns a rental in Landram Bay Holiday Park, with breath-taking views and lovely amenities.
Futurestay COO, Jonathan Fabio to present “A Holistic Approach to OTAs” at VRSS 2018 in San Antonio, Texas.
We’re excited to feature the Four Seasons Lodge in North Conway, New Hampshire as our second Property Spotlight!
Futurestay CEO, S. Philip Kennard is selected to be a judge at UPitchNJ’s 2018 pitch competition.
Futurestay was built with the purpose of removing the manual, administrative tasks of running a rental business.
Inspired by our rental entrepreneurs, we decided to create the Futurestay Property Spotlight. Here, we’ll showcase beautiful vacation rentals and the entrepreneurs who run them.
This time, we’ve decided to research a list of unique, urban accommodations. Read about these Superhost properties, from their location to positive reviews. Learn which accommodation got the most votes from our team.
The most satisfying part of anyone’s work is when they have a positive effect on another person’s life.
When we think about vacation rentals, the go-to accommodations may be mansions or traditional homes. But as we know from Airbnb’s properties, anything can be a vacation rental.
Kevin started at Futurestay as an intern and has since expanded his role into a full-time developer. We’re excited to recognize Kevin and his accomplishments and welcome him to the team.
It’s time-consuming for vacation rental owners to search the internet for resources. Whether that’s for website help or product information, it’s hard to know what information is reliable.
With the increase in audio-engagement for information, other popular podcasts relate to the vacation rental industry. We found the best vacation rental podcasts from industry influencers. We’ve featured the top podcasts in our new e-book.
Our new Rental Business Specialist is James. Read his interview below to learn more about his work on the Futurestay team.
With Futurestay expanding its product features, office space, and sales, it is necessary to increase its team. Our goal at Futurestay is to automate the pieces of a vacation rental business. We’ve created a team that helps us do so.
Sometimes it’s difficult to understand how industry news relates directly to your vacation rental business. We decided to start with the Wall Street Journal article called Expedia & Priceline Hone in on Airbnb’s Turf.
Futurestay CEO, S. Philip Kennard and COO, Jonathan Fabio, attend the 2017 Phocuswright Conerence. Held annually, Phocuswright attracts over 1,600 decision makers and C-level executives, representing dozens of countries from every travel, tourism and hospitality sector.
On November 3, 2017 on the campus of NJIT, the Enterprise Development Center (EDC) will once again bring together the investor community of the Tri-State region for a dynamic showcase of cutting-edge technology and life science ventures!
A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel.
Futurestay CEO S. Philip Kennard shares his insights on market segmentation. Newark Venture Partners, GitLinks, Landit, and Trigger Finance join Futurestay at Morgan Stanley.
Join KettleSpace and New York City Wired for a breakfast event aimed at teaching startups how to grow a business and a team using innovation.
Futurestay has provided 40,000+ rental entrepreneurs in over 180 countries with an accessible, powerful, all-in-one dashboard that controls a property everywhere.
Property owners with limited time could struggle with placing advertisements and signing up for multiple rental websites. New Jersey-based Futurestay.com, a website debuting an app in 2018, aims to make life easier for property owners wishing to rent out spaces part or full time. The service acts as a middleman, creating automation to allow multiple listings between Airbnb, HomeAway and other vacation rental websites.
In its second year on the national stage, Propelify (formerly Propeller Festival) stayed on script and delivered on Aaron Price’s vision of building a platform for the innovation community to ‘propelify’ ideas. It’s not the largest, most expensive or the flashiest, but Propelify lived up to its hype and delivered a unarguably high-quality innovation festival.
Beginning July 1st Futurestay moved into its new headquarters in New Brunswick, NJ. This interview discusses the journey into a private, branded office. From the psychology behind the move to the creation of the space.
With Graphic and UX Design experience totaling 9+ years, Abbi was searching for “a place in a company where [she] could put [her] current skill-set to work, while having the chance to learn and improve.”
With summer coming to a close, travelers begin planning last minute vacations. Summer rentals wrap up for the season, fall rentals gain popularity. Labor Day, Thanksgiving, and Halloween draw autumn travelers to find accommodations. Rental owners who experience the autumn season can use this in their favor.
From hammocks in the islands to multi-story mansions, every rental has unique marketing opportunities.
It is important to create a website that gets guests to book your property. Here are the first steps to start a vacation rental website.
Personalized and intentional design choices develop your brand. Other website features also give renters an idea of your business.
Crafting an accurate property description is the first step when marketing your property.
The vacation rental industry’s history through different categories
Island life, as you can imagine, is fun. All the stresses that exist in more developed parts of the world are non-existent.
We sat down with Matt and Danny (from Hotelito Del Mar) to discuss the current state of the vacation rental industry.
Renters searching for a property look for specific details. Such as the property’s location, price, amenities, and more.
If you have two homes, rent one for the weekend while you live in the other. Or, rent your home when you travel. This is a way to make money while taking a break from your full-time property.
Automating the process of renting a home is too big of a job for us to do alone. Thankfully, we have room for you on our team.
Social media platforms allow you to market your vacation rental and brand. You can use Instagram, personal blogs, Facebook, and Twitter, to name a few.
Reviews provide information about your rental property and sometimes reflect your hospitality.
As vacation rental owners, you may be looking for ways to increase bookings. Depending on your budget and audience, here are 5 tips to get started.
The best ways to get bookings is to emphasize experience, amenities, and rates.
As you get your vacation rental business started, you have to determine your pricing. It is important that you do your research.
Painting allows for a clean, updated look without spending a lot of money.
With the increase in vacation rental popularity, it is important to research the area you plan to buy in. Your vacation rental property’s location has a variety of financial impacts.
If you’re a log cabin rental owner, there is a target audience for your property. Marketing to this audience will increase your bookings.
When planning a vacation or business trip, traveling has many expenses. From food to lodging, airfare or car rentals, the amount of money travelers spend is growing.
A successful marketing plan relies heavily on the pulling-power of advertising copy. Writing result-oriented ad copy is difficult.