Developers - Guestable Guestable

Developers

The opportunity to enter the future of the accommodations industry has never been more present for real estate development companies. The demand for professionally operated home style accommodation is a rapidly growing trend in the travel space. Leading developers will enter the market and leverage space in a way that surpasses the outdated traditional hotel room model. Guestable’s full-service and hotel manager offering is a collaborative partnership where we consult you through the setup process before taking over the entire management of your business.

Pre-Construction & Set Up

As a developer, you have the ability to build or modify your real estate asset to maximize the cash flow potential. The best approach to using space in the short term rental market is one that is versatile and allows you to take full advantage of the high margin bookings in the peak season while maintaining occupancy during shoulder and off peak period. In the new world of accomodations, the way we think about optimal floor layouts, bed arrangements, hybrid room types, and interior design is much different than a few years ago. Our data and experience allows us to advise you from the pre-construction phase right up to interior design so that we can ensure you achieve success right from the start.

Data-Driven Yield Maximization

Our goal with every property we manage is to maximize the cash flow yield while maintaining the long term value of your asset. An integral part of maximizing cash flow in the accommodations sector is to take a data driven, dynamic approach to pricing the high season, low season, shoulder periods, events, and conferences. Our pricing analysts and listing managers set and adjust prices and availability settings (e.g. minimum stay period during events) daily based on historical market data, real time competitor information, and what the market is telling us about your property. Just as important as important as pricing and listing management is having a strong understanding of the strengths and weaknesses of each booking platform (e.g. Airbnb, Booking.com, Expedia). Every platform appeals to a different audience and knowing how each platform should be used for a specific property is a key success factor in the new travel industry.

Full-Service Operations

The majority of our clients choose to completely hand off the day to day operations and management to our experienced team. Timely guest communication, seamless check in / check out, perfect cleaning quality, a well maintained property, fully stocked home essentials, easy lockout support, a customized guest experience approach, and around the clock customer service should be nothing short of the expectation. We have spent years fine tuning every area of our short term rental operations and have developed a unique understanding of both the hotel and home style accommodation rental space. Our goal extends beyond just operating and optimizing your property. We aim to build a long term brand that immediately sends a message to the guest profile who is willing to to spend more to ensure they have a good experience. While most of our clients choose to remove themselves from the day to day workload, we provide full operational and financial transparency so that we can be held accountable for our performance.