Florida has one of the best-performing markets for short-term rentals in the United States. The state enjoys a steady flow of tourists throughout the year, which means that one of the most profitable businesses is Airbnb hosting.
Effective Airbnb management is necessary to ensure your short-term rentals maximize your return on investment. Read on as we discuss the best sites to market and manage short-term rentals in Miami, Florida.
Airbnb
It's one of the largest platforms that is useful for marketing short-term rentals in Miami. Airbnb is recognizable to the majority of the demographic that tours and visits the state.
Airbnb is ideal because of the following:
- It can get your listing to more prospective clients
- Does not charge landlords for listings
- Provides insurance cover for landlords
Although it's free to list on Airbnb, the company will charge a fee ranging from 3% to 15% once a client books your property. This is the main con of the platform. Working with a professional short-term rental property manager can help maximize your property's engagement.
VRBO
This platform is suitable for the older demographic due to its user-friendly interface. VRBO allows property managers to manage various areas of bookings, such as cancellations, insurance, and also protection from damage by guests.
VRBO is also ideal for landlords who have multiple properties listed for visitors. The main con of the platform is that it is uniquely designed to cater to the needs of entire apartments or homes only.
Booking.com
Booking. Com is very popular and can help you manage short-term rentals, appealing to international travelers. It allows you to offer different types of rentals, from apartments to entire vacation homes.
This platform is one of the oldest travel agencies and has about 120 million users. Booking. Com is also ideal for the following reasons:
- User-friendly design
- Tourists can use the platform to make other bookings
- Contains a dynamic pricing model
Airbnb management requires that you ensure an excellent guest experience. Do so by partnering with a property manager in Miami. In addition to listing your property, managers can provide you with bookkeeping services to enhance financial transparency.
Expedia
Expedia is a great listing site that can help you put up your property next to other travel commodities such as rental cars and flights. It comes with a fee ranging from 10% to 30%. But the fees change depending on the listing specifics.
Expedia also allows you to put up images of your property, making it easier for visitors to identify where they want to stay.
Property Management Companies
The best way to market and manage your vacation rental properties is to work with a property manager. Our company can leverage our technology capabilities to fast-track visitor bookings and enhance efficiency in managing clients.
Other functions a property management company provides are:
- Real-time property calendar monitor
- Enhanced guest messaging
- Online owner portal
Implement Airbnb Management Strategies Today
Airbnb listing is the first step to marketing your short-term rental properties. However, using only one platform to market and manage your property in Miami will hardly optimize Airbnb profits. Property management companies have the technology to manage and market your short-term rental units simultaneously.
Partnering with PMI property managers is the best way to ensure efficient rental operations. Contact us today, and let us streamline your Airbnb management.
