Skip to main content

Leveraging Technology to Drive Repeat Business for Your Vacation Properties

By June 29, 2023 Blog, Insights

In today’s competitive market, short-term rental owners and operators face the challenge of attracting and retaining guests. By implementing advancements in hospitality technology, you can leverage multiple tools and strategies to enhance the guest experience, ultimately driving repeat business. In this blog, we will explore three key areas where technology can be effectively utilized to maximize your guest’s satisfaction, encourage positive reviews, and increase the likelihood of your guests returning to your vacation properties.

Streamlining Booking Processes

Today, travelers expect convenience and efficiency when booking their vacation accommodations. By streamlining the booking process by utilizing technology-driven solutions, you can create a positive first impression in the first step of the guest journey and encourage repeat business.

Ways to create a seamless booking process:

Online Booking Platforms: Utilize platforms that allow guests to easily search for availability, compare rates, and make reservations in just a few clicks. According to industry statistics, properties that offer online booking options experience a 25% increase in rebooking’s, resulting in higher revenue and guest retention.

Automated Booking Confirmations: Implement automated email or SMS confirmations to provide instant booking confirmations and payment receipts. This not only saves time for both guests and property owners but also enhances trust and professionalism. Research shows that 80% of guests appreciate receiving instant confirmations, which contributes to a positive booking experience.

Integration with Channel Managers: Integrate your booking system with channel managers, which enables automatic synchronization of availability and rates across multiple online travel agencies (OTAs). This ensures consistency and avoids double bookings, resulting in happier guests and an improved reputation. A study conducted by Ticino Hotels found that properties using channel managers experience a 30% increase in bookings from various distribution channels.

Enhancing Guest Communication and Engagement

Clear and timely communication with guests is vital for ensuring a positive guest experience. Streamlining your efforts can help you enhance guest communication and services, leading to increased guest satisfaction and repeat bookings.

Technology to help enhance communication include:

Mobile Apps and AI Chatbots: Utilize a mobile app or integrate chatbots into your website, allowing guests to access valuable information, ask questions, and receive prompt responses. This instant communication helps guests feel valued and supported throughout their stay. According to a survey, 54% of property managers reported higher demands and more questions from guests over the past years, indicating the growing need for effective communication channels.

Ways the AI and Apps can help streamline help information:
• Save time for guests and staff by answering repetitive questions.
• Provide 2-way automated messaging.
• Alleviate frustrations by giving guests answers they need, when they need it.

The use of AI in vacation rental management not only enhances the guest experience and profitability, but also provides the property manager with:
• Increased scalability
• Improved decision-making capabilities
• Reduced operational costs
• Enhanced online reputation
• Less stressful management experience

Property managers can scale their operations without a corresponding increase in manpower or operational complexity with AI and significantly reduce the stress levels associated with managing multiple properties and guests simultaneously. As their portfolio grows, their AI tools can easily handle increased queries and guest interactions. Furthermore, apps and AI solutions offer flexibility, capable of dealing with peak times, last-minute bookings, or high-volume inquiries during holiday seasons without additional stress or resources.

AI can also analyze data from various sources, including guest interactions, to provide insights that can help property managers make better decisions. AI solutions can also help reduce the risk of human error, which could result in costly mistakes.

Personalized Pre-Arrival Communication: Implement automated pre-arrival emails or text messages that provide guests with relevant information for their stay, such as check-in instructions, local hot spots and attractions, and curated recommendations. This personalized touch creates a sense of anticipation and builds a stronger connection with guests and hosts. Furthermore, according to a recent industry survey, 31% of property managers feel that rising guests’ expectations have made it harder to deliver in-property service. Personalized pre-arrival communication helps manage these rising guest expectations and creates a smoother experience.

Post-Stay Surveys and Reviews: Leverage technology to send post-stay surveys or review requests to guests, encouraging them to provide feedback and share their positive experiences. Positive reviews and testimonials can be promoted in future marketing efforts, attracting new guests, and reinforcing the trust of previous guests. With the increasing demands and expectations from guests, encouraging happy guests to leave reviews becomes even more crucial in understanding their needs and continuously improving the guest experience.

Enhancing the Guest Experience with Smart Home Technology

Investing in smart home technology can significantly enhance the guest experience by creating a sense of familiarity and convenience, allowing them to control common frustrations and pain points associated with outdated appliances and amenities. By incorporating smart home technology, you can allow the guest the power to navigate their stay.

Keyless Entry Systems: Replace your traditional key-based entry systems with smart locks that allow guests to access the property using unique codes or mobile apps. This eliminates the hassle of physical keys and provides a seamless check-in experience. It also reduces the need to have a front desk check-in, cutting operational costs and streamlining the process. Research indicates that properties with keyless entry systems experience a 15% increase in positive guest reviews.

Smart Home Automation: Install smart home devices, such as voice-controlled assistants, automated lighting systems, and thermostats, that can be easily controlled by guests. This provides convenience, comfort, and a modern experience that guests are likely to appreciate and remember. 76% of guests have a more favorable perception of properties that incorporate smart home technology.

Digital Guidebook: Facilitate faster check-in and out processes, sell additional services, and provide relevant guest information with a dynamic digital concierge service, such as GuestView Guide. Properties using GuestView Guide have found that 95% of guests interact with the display during their stay. Our wall-mounted interactive display ensures that guests are given all the information they need to enjoy their stay, including locally curated activities and favorites, videos detailing how to use amenities, contactless communication, check-in and check-out information and processes, property details, rules, policies, and more. All of this provides your guests with the details they need to feel at home without the confusion and frustrations associated with being in an unfamiliar place.

By leveraging technology effectively, you can improve your business operations, elevate your guest experience, foster positive relationships, and drive repeat business. Streamlining booking processes, enhancing guest communication, and incorporating smart home technology are just a few ways to leverage technology in the pursuit of repeat business. By embracing technology for your vacation properties, you can establish yourself as a leader in the industry and cultivate a loyal base of repeat guests.

Download our Free Framework for Evaluating Your Tech Stack for Maximum ROI