Vacation Rental Success Heather Bayer aka @CottageGuru
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- Business
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Heather Bayer, author of Renting Your Recreational Property for Profit, former CEO of a highly successful cottage rental agency, and a popular blogger, hosts the Vacation Rental Success podcast. With many years experience of owning and managing multiple vacation rental properties, Heather brings her knowledge and views on every aspect of the business, together with interviews with vacation homeowners and industry experts. Heather has appeared as a guest on CTV Canada, CBC Radio, Rogers TV, and Chex TV and is frequently interviewed on real estate and travel topics by magazines and daily newspapers.
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VRS558 - Mastering Trust: Strategies for Success in Short-Term Rentals with Yoram Solomon
This episode is sponsored by Lodgify, an all-in-one solution that will help you start, manage, and grow your short-term rental business.
Use Code VRF10 for 10% off their Professional and Ultimate yearly plans
> Click here to visit Lodgify.com to start your free trial today
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Trust is the cornerstone of our business. Owners needs to trust managers and OTAs to market their properties successfully, guests have to trust their hosts to deliver on their promises, and mutual trust underpins the relationships between the community and the short-term rentals that operate in their locales.
In this episode Heather delves deep into the concept of trust with Dr. Yoram Solomon, an innovator and globally recognized thought leader. Yoram, celebrated for his extensive work on trust and its pivotal role in organizational success, brings his insights into the vacation rental industry, sharing invaluable strategies to build and maintain trust with guests and property owners alike. He discusses the essential nature of trust in all business interactions and its profound impact on a company’s reputation and operational success. With his rich background in technology, business management, and as a prolific author, he offers practical advice that can be implemented immediately by vacation rental managers.
Whether you’re a seasoned vacation rental manager or just starting out, this episode is packed with actionable insights that can help you set your business apart by cultivating a trustworthy brand. Dr. Solomon’s advice will not only help you improve your interactions with guests and owners, but also boost your overall business performance by fostering a culture of trust.
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Discover the THRIVE Training System and attend an information session to get your questions answered about our foundational team training: https://thrive.vacationrentalformula.com/thrive-live-webinar
Are you listening to this podcast on the move? Get to the show notes here:
https://www.vacationrentalformula.com/VRS558 -
VRS557 - Beyond Bookings: Unlocking the Power of Vacation Rentals for Local Good with Kirsten King
This episode is sponsored by Lodgify, an all-in-one solution that will help you start, manage, and grow your short-term rental business.
Use Code VRF10 for 10% off their Professional and Ultimate yearly plans
> Click here to visit Lodgify.com to start your free trial today
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Being a property manager is more than just acquiring homes, sourcing guests and creating experiences for them. It’s about making a mark in the local area and being seen as an effective community partner and advocate.
In this episode, Heather is joined by industry veteran, Kirsten King from Curate Telluride, a vacation rental management company with a strong community focus. Kirsten shares her journey from starting Big Sky Vacation Rentals to her current venture, highlighting the challenges and triumphs of running a vacation rental business in small, destination towns. She draws on these experiences to share advice and suggestions for vacation rental managers who want to integrate community-centric practices into their business models.
Kirsten talks about the strategic shift in her business approach towards community involvement, partnerships with local non-profits, and how these collaborations make the guest experiences so much better while contributing to community well-being. Heather and Kirsten delve into the dynamics of managing vacation rental properties in competitive markets, the role of trust and values in business operations, and the potential impacts of short-term rentals on local communities.
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Discover the THRIVE Training System and attend an information session to get your questions answered about our foundational team training: https://thrive.vacationrentalformula.com/thrive-live-webinar
Are you listening to this podcast on the move? Get to the show notes here:
https://www.vacationrentalformula.com/VRS557 -
VRS556 - Voices from the Yukon: Ben Pereira’s Pioneering Approach at Neighbourly North
This episode is sponsored by Lodgify, an all-in-one solution that will help you start, manage, and grow your short-term rental business.
Use Code VRF10 for 10% off their Professional and Ultimate yearly plans
> Click here to visit Lodgify.com to start your free trial today
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Getting involved in advocacy means more than just making a token appearance at a council meeting when they are discussing short term rental issues. It means having a voice and getting a seat at the table. When Ben Pereira started to build his Yukon-based business, he took this seriously and realized that you have to show up to be heard. Now, as the Chair of the Housing Committee on Whitehorse City Council, he can make his stakeholders' views known and considered.
In this episode, Ben talks about the uniqueness of his business, which involves a wide range of guest personas, from sports teams and adventure seekers to families preparing for imminent childbirth.
It’s a fascinating look into a model of business that requires a good deal of flexibility, tolerance, and empathy. On top of that, there’s the ever-present threat of regulations, and we hear how Ben uses his position to share the benefits of short-term rentals in his community.
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Discover the THRIVE Training System and attend an information session to get your questions answered about our foundational team training: https://thrive.vacationrentalformula.com/thrive-live-webinar
Are you listening to this podcast on the move? Get to the show notes here:
https://www.vacationrentalformula.com/VRS556 -
VRS555 - Sustainable Stays: Rachel Parsons and the New Forest Escapes Revolution
This episode is sponsored by Lodgify, an all-in-one solution that will help you start, manage, and grow your short-term rental business.
Use Code VRF10 for 10% off their Professional and Ultimate yearly plans
> Click here to visit Lodgify.com to start your free trial today
Today’s guest is on a mission to solve industry- wide problems that few others are prepared to trial. She says it’s for good reason – because they aren’t easy. Undeterred (or just belligerent) Rachel rolls her sleeves up, weighs stinky bins, asks a lot of questions, raises funds and collaborates across the industry to create change. It’s a great story.
In 2011, with a very small baby in tow, Rachel started renting her cottage. She ran it for 4 years before she set up New Forest Escapes, partly with the goal of encouraging more people to holiday in the UK, reducing travel emissions and making UK holidays an alternative to overseas family travel.
Her experience in sustainable projects and travel over the years makes her uniquely suitable to be leading the way in greener tourism. We hear how and why she went down the route of gaining B-Corp certification and what she is doing now to ensure those who stay in her properties benefit from the work she’s done.
The whole conversation about sustainability is so relevant to the work we’re doing on our THRIVE training system. In the module on Responsibility there’s a lesson on Environmental Responsibilities, and now I can put the New Forest Escapes website into the Resources section and include information on B-Corp Certification.
This is the joy of continuous learning - that it never stops evolving as we come across new things to share. If you are interested in finding out more about THRIVE, just check below.
In the episode, Rachel shares:
Her journey into sustainable rentals
Why you shouldn’t mention the ‘S’ word & the better alternatives
What goes into B-Corp certification
A simple furniture change that will wow your guests (and their feathered friends)
How weighing stinky bins can help change minds
Simple things that make a real difference
Ways to help guests get greener
Links:
New Forest Escapes
B-Corp Certification
Intrepid Travel
Exodus Travels
Pura Aventura
Much Better Adventures
Sawday’s
THRIVE
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Discover the THRIVE Training System and attend an information session to get your questions answered about our foundational team training: https://thrive.vacationrentalformula.com/thrive-live-webinar
Are you listening to this podcast on the move? Get to the show notes here:
https://www.vacationrentalformula.com/VRS555 -
VRS554 - From Tape Charts to Technology: A 30-Year Journey with Valerie Hawkins of Perdido Realty Vacations
This episode is sponsored by Lodgify, an all-in-one solution that will help you start, manage, and grow your short-term rental business.
Use Code VRF10 for 10% off their Professional and Ultimate yearly plans
> Click here to visit Lodgify.com to start your free trial today
In a thirty-year period, every industry will show massive change and it takes resilience, toughness, and a lot of flexibility to navigate through it in the way Valerie Hawkins has done with Perdido Realty.
Valerie has been a prominent figure in the vacation rental business since 1994. Starting with just three properties, she has grown her business to 167 units, focusing on the importance of trust with property owners, guests, the local community, and her team.
From the early use of paper catalogs to the current implementation of advanced property management systems. Valerie stresses the importance of adapting to new tools to improve efficiency but also underscores the necessity of keeping personal interactions at the forefront of guest services.
She shares her experiences with implementing the Entrepreneurs Operating System (EOS) and updating HR practices to improve team management and company efficiency. She is justifiably proud of the reputable legacy she's building for Perdido Realty and reflects on how the company has evolved and how the team culture has shifted to include younger members, bringing new perspectives to the business.
In this episode Valerie shares her 30-plus-year journey and why she’s just as motivated today as she was at the beginning.
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Discover the THRIVE Training System and attend an information session to get your questions answered about our foundational team training: https://thrive.vacationrentalformula.com/thrive-live-webinar
Are you listening to this podcast on the move? Get to the show notes here:
https://www.vacationrentalformula.com/VRS554 -
VRS553 - Team Training to Help Your Vacation Rental Company THRIVE
In this special episode of the podcast, we’re diving into a topic that’s not only close to our hearts, but poised to transform the vacation rental property management industry: the THRIVE Training System. Designed to elevate business performance by aligning team culture with the core values of Trust, Hospitality, Responsibility, and a Vibrant Environment, THRIVE promises to reshape how property management companies operate and engage with their key stakeholders: guests, owners, community, and their team.
Register to attend an information session to get your questions answered about THRIVE: https://thrive.vacationrentalformula.com/thrive-live-webinar
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Listening to this podcast on the move? Get to the show notes here:
https://www.vacationrentalformula.com/VRS553
Customer Reviews
Excellent Podcast packed full of useful Tips 👍
As a newbie to the vacation rental business I simply am addicted to your podcast Heather. You have a great interview style with all of your guests and I have learned so much about running this business that has been truly invaluable. Keep up the great work that you are doing and always know that you have dedicated fans on Vancouver Island 😎
Unlimited Value and Entertainment
I have listened to so many of Heather’s podcasts that at this point I feel like she’s my mentor, close friend, funny relative. Her podcast never fails to deliver a tremendous amount of value and entertainment. My business has improved in so many ways from actioning her tips, the topics are always relevant, the guests are consistently top notch, and Heather is just such a genuine and pleasant person to listen to. Please don’t ever stop what you do, and I hope to meet you one day!
WHAT A GOLD MINE!
Just want to say a quick Thank You for delivering such a great podcast! I only discovered it last week and have been binge listening the episodes day and night. WHAT A GOLD MINE! THANK YOU!