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Thinking Of Buying A Vacation Rental? Start With The "Big 4" by Mike Harrington

Sponsored Content provided by Mike Harrington - CEO & Owner, Carolina Retreats
It is no secret that the real estate market is hotter than it has been in over a decade. A lot of factors seem to be playing into this. Record low interest, a squeeze on inventory, more and more people working from home moving to the area, and of course FOMO. As many are looking for their next primary residence or moving to the Cape Fear region, a large percentage are capitalizing on these trends and snapping up traditional vacation homes in our beach towns at a furious pace. ....

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Carolina Retreats Selected as a preferred Vacation Rental Manager for Homes & Villas by Marriott International

Carolina Retreats Selected as a preferred Vacation Rental Manager for Homes & Villas by Marriott International
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Carolina Retreats Selected as a preferred Vacation Rental Manager for Homes & Villas by Marriott International

Carolina Retreats Selected as a preferred Vacation Rental Manager for Homes & Villas by Marriott International
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Oak Island , North Carolina , United States , Topsail Island , Mike Harrington , Marriott Bonvoy , Jenny Hsieh , Marriott International , Carolina Retreats , Kure Beach , Carolina Retreat , Vice President , Marriott Homes , ஓக் தீவு , வடக்கு கரோலினா , ஒன்றுபட்டது மாநிலங்களில் , டொப்சைய்ல் தீவு , மைக் ஹாரிங்டன் , ஜென்னி ஶியெ , மேரியட் சர்வதேச , கரோலினா பின்வாங்குகிறது , குரே கடற்கரை , துணை ப்ரெஸிடெஂட் , மேரியட் வீடுகள் ,

Accidental Guest Damages: Take A Deep Breath! by Mike Harrington

Sponsored Content provided by Mike Harrington - CEO & Owner, Carolina Retreats
Owning investment real estate comes with its share of highs and lows. The joy of providing an exceptional hospitality experience and a knack for hosting can be very rewarding when you have guests that are able to enjoy your property as much as you do. However, with opening your door to so many, the inevitable accident is bound to happen, which can leave some questioning, “Why do we do this again!?
Any seasoned vacation rental homeowner or manager will tell you that occasional guest accidental damage comes with the territory of a successful investment property. Mitigating that damage and having a formal policy of how these issues are handled can go a long way to help take the anxiety out of the process for the property owner and guest. ....

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Forecasting Summer 2021: Vacation Rentals Are On Fire! by Mike Harrington

Occupancy % gives us a quick snap shot of how quickly our available properties are booking vs. last year. So far our booking pace for available nights is up 30% year over year at this time. Keep in mind, the real effects of COVID shutdowns did not start until mid-March and this data is through the beginning of March, thus giving us a little better apples to apples comparison.

ADR, or Average Dailey Rate, is another key metric we use to gauge how well our rate algorithms and revenue management team is maximizing not only occupancy, but more importantly revenue. To date, ADR is up 21% compared to the same time last year. We view this as a pretty sharp increase in broader demand this year as we have been able to incrementally push up rates for peak time periods. ....

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