The world of vacation rentals has seen a lot of growth in the past few years. According to projections, it is likely that around 65% of all hotel bookings will be for vacation properties by 2025. This new trend is driven by people looking to stay away from busy cities and small towns, opting to stay at quiet getaways where they can unwind with loved ones, while still having access to all the amenities of home.
However, being a vacation homeowner or moreover, a property manager managing multiple vacation rentals is not quite as easy as it seems. To keep up with the demands of owning a vacation property, you need property management software that can handle your entire workflow seamlessly. This includes sharing customer details, booking management, property maintenance, and automation of routine tasks.
Here are great software options that can help you manage your vacation rental properties more effectively.
Table of Contents
Lodgable is by far the best option overall for any property manager and we couldn’t put this as the number one pick. It’s an award-winning all-in-one property management software that actually does marketing for you and can increase your bookings by 30%. You can easily switch to Lodgable risk-free, they’ll even handle the entire migration for you. Best of all? The pricing is $0 per month for property managers. That is something you can’t overlook.
2. Vacasa’s GuestManager Pro
Vacasa offers a range of property management and customer service software to vacation rental professionals. Their flagship product is called Guest Manager Pro, which helps you with guest communications, charging a deposit, full payment processing, etc. You can also customize your invoices and advertising materials through this software.
The property management software Guesty is a solid choice for all-in-one software. They offer many tools that can be helpful for property managers to be successful. Including channel management and automated messages. The price does not come cheap to property managers however they do charge anywhere from 2-5% of your revenue.
Smoobu is an affordable and interactive property management system for small businesses in the vacation rental industry. They are an all-in-one solution offering channel management and website building. They will sync all your calendars together. Their price is about 18 dollars a month for one property with 5 dollars additional per property. They do offer a free version with a select number of their tools.
Every tool and brand has its own strengths and weaknesses, so you need to choose the property management software that best suits your requirements. A good way to start is by checking which software popular vacation rental professionals are using, and why they chose it over other options. It’s also a good idea to choose the top recommendations from industry experts.