Rent Your Furnished Property in the Winter

Tips for Renting Your Furnished Property in the Winter

When cold weather starts to set in and the snow beings to fall on the world around us, some areas of the country have issues when it comes to renting furnished properties. Winter has always been known for being one of the roughest times of the year to sell a home and the same stands true for finding renters interested in your home when a winter wonderland is brewing outside. However, we have some tips that can help you keep your bookings up, even when the temperature drops outside....

corporate homes Voice assistant

Are Your Corporate Housing Rentals Ready for Voice Assistants?

Something new is on the horizon and it is called corporate housing voice assistants. Synergy Global Housing is one of the first companies that is enabling adding voice assistants to their corporate rental furnishings suite of items. The smart apartment that is using this technology is doing so to offer a better level of customer service and technology for guests there on a short-term basis....

Corporate Rental Property

Tips for Corporate Rental Property Retention to Start the Year Off Right

Back in 2011, a study by SatisFacts estimated that the average cost of turnover for a rental property was as high as $3,900. When you take into account days lost to repairs, vacancy, professional cleaning, standard maintenance, and marketing, the cost of turnover can leap to several months of income if the property was being rented. Working for lease renewal is a great option and something all corporate housing managers should have strategies in place for. We have three that can help you on that path....

Customer satisfaction of Guests

How to Impress All 5 Senses of Your CHBO Guests

Many of us spend so much time in the digital world that we forget CHBO guests have access to a total of five senses rather than just one. When a potential corporate housing rental guest looks at your listing, you should be impressing them with attractive photos. However, once that guests get to the dwelling, you need to impress all five senses. We’re here to tell you how!...

Property manager for rentals

Annually How Much Do You Spend for the Management of Your Property?

As a corporate housing property manager, there are certain requirements. You need to spend money to manage the property in order to bring in renters and offer them a space they want to come back to another time. However, most people want to spend the least amount possible so they can ensure a large profit at the end of the year. Having an understanding of how much other housing managers are spending can help you decide if you’re doing all you should or if you need to invest more heavily....

Corporate Housing survey

What is the Annual Occupancy Rate for Your Corporate Rentals?

Do you offer furnished housing for corporate guests? Have you ever sat down to think about how often you have an occupant in the provided corporate rental apartment? As of 2016, CHBO has been asking questions about this exact thing on the annual corporate housing real estate report. We’ll share the results below so you can get an idea of how your own homes stack up....

Corporate Housing Cancellation Policy

Is a Cancellation Policy Necessary for Short Term Rentals? Do You Have One?

If someone has booked a stay at one of your corporate properties and then later needs to cancel their trip, you are capable of setting up a corporate housing cancellation policy. When you do this, a certain percentage of your already obtained payment will be sent back to the person who cancels. However, not all circumstances are the same, so the percentage sent back depends upon how much the visitor has paid, not the entire amount of the reservation....