Increase Revenue, reduce costs
Increasing revenue for your vacation rental business is not limited to spending more on advertising for additional inquiries.
Often, how well the existing inquiries are dealt with can increase your Booking to Inquiries ratio without any more advertising costs. Responding quickly and clearly, following up on your quotes, offering easy online-booking and preferred payment methods all have an effect on your bottom line.
While MyVRZone's vacation rental management software can generate new inquiries via the VR Referral Network and Partner Listing Sites at no listing cost, it's focus is on increaisng the Booking to Inquiries ration by dealing with inquiries in a way that makes it more likely that you will get a booking from each one.
Paying advertisers that are not performing is an unneccessary cost. With the accurate tracking of real referral sources you can quickly see who is performing and who is not from the reports. Drop paid advertisers that get few bookings over dates that are easy to fill.
So, how can this online vacation rental management software help you increase revenue?
- Free membership to the VR Referral Network™ brings even more opportunity for further bookings and referral commissions. Free listings on Partner Listing Sites increase your exposure
- Respond to inquires from many sources in a few secoinds.
- Choose from multiple quote suggestions for the best fitting offer for dates that you have available.
- Send follow-up emails automatically if the original quote has not been read - emails are tracked for opening and link clicks. If an email gets caught in a spam folder, send a simpler email with a link to the original for a better change of getting through.
- Guests can view quotes, terms then book and pay online to remove any delay in getting the dates tehy want.
- Guests feel more comfortable with a well presented, well written, accurate quote from a professional looking owner and are more likely to book with you when compared to a similar offer from an owner who doesn't use such a system.
- Use the the MyVRZone Vacation Rental Management Software's Referral and Inquiry reports to identify advertisers that are not working for you - drop the cost of advertising there.
- Use the Upcoming Gap report to focus your marketing of special offers in a timely manner to attract guests to fill in those last remaining weeks and days.
News
Apr 7, 2012 - Rich Text Editor added for easy email template and Newsletter editing
A Rich Text Editor has been added for editing email Templates and Newsletters. Previously, they had to be edited in plain text or HTML, so you had to know HTML in order to crated much formatting. Now you can just type and change the style using the usualy buttons you find on a editor - Bol ... read more »
Sep 21, 2011 - HolidayLettings.co.uk calendar synchronization
If you advertise your vacation rental with HolidayLettings.co.uk then you can now keep your calendar updated there automatically too with our free service. MyVRZone will update HolidayLettings.co.uk (and your other calendars) when your availability changes and at least once a day so your "Last U ... read more »
Jun 15, 2011 - Tax report now with option for pro-rated reservation amounts
A new option has been added to the Tax report that allows you to pro-rate the income and taxes for reservations that are not fully within the reporting period.
See more details here: http://myvrzone.com/info/reports
