Sharebox Blog

How to scale your property management business

08-Nov-2019 15:41:53 / by Kjetil Faye Lund

Apartment owners are wading into new territory, renting out some of their units not to local tenants, but to tourists. A modell called apart-hotels, rent out Airbnb style.

In most cases, buildings bring on professional rental companies to book and manage them. The property management companies post the properties on home-sharing platforms, like Airbnb, and through their own online booking services.

Leasing out a series of apartments to a professional rental operator lifts some financial burden off of the apartment’s owners. If an apartment has a lot of vacancies, converting those units to short-term rentals can be a stop-gap and a more reliable payment stream.

"Guesty saves us more hours than there actually are in a week",
Sune Liengaard, Co-founder Nord Collection.

The apart-hotel model is absolutely a factor in the hotel industry today and the Airbnb phenomenon is people sharing bedrooms and renting out individual bedrooms in their houses, is very much a run for-profit business.

Many accommodation providers invest a lot of time and effort in revenue management in order to enhance income per rental, yet there are additional ways that can prove extremely useful in increasing revenue per guest that are often overlooked.

Guesty: Sharebox - a management tool available in the Guesty Marketplace.

With so many options out there to help you grant your guests access to your properties, including in-person greetings, lock-boxes and automated solutions, it can be difficult to decide which to implement into your business.

Sharebox facilitates automatic entry for your guests with mobile-controlled storage cabinets. You can rent a Sharebox near your property, assign a recipient and track the retrieval of the key, all from your desktop or mobile device. Fully integrated with you booking software system.

Topics: keysharing, Vacation, travel, host, airbnb, rental, tenants,, homerental, airbnb service, airbnb login, homeowners, Home rental automation, Airbnb hosting, Guest guide, Guesty, home rental, online reservations, property manager, self-service hotel, property management, apart-hotel

Kjetil Faye Lund

Written by Kjetil Faye Lund

Kjetil Faye Lund is CMO at Sharebox and writes blogs, press releases and texts.

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