Short Term Rentals
A Short Term Rental is a Hospitality & Travel business.
It is not a Real Estate hobby. Yet, many property owners run their Holiday Home as a hobby or as a side-hustle, rather than as a professional business.
The Short Term Rental Model
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Financials
✓ Unmatched income on your real estate.
✓ No lost income with “tenant turnovers”. Your Short Term Rental never stays vacant for long, but as a tenancy, it often does.
✓ Your initial setup investment in furniture and decor is recouped in just 1-4 months.
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Guests
✓ All guests are vetted and screened. Host conducts check-ins with guest IDs.
✓ Hosting leisure guests means less wear & tear, than with full-time tenants.
✓ Host manages Guest Relations and dispute resolutions professionally.
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More "You Time"
✓ I’m the boots on the ground. No time sinks and difficulties for you.
✓ Flexible Calendar. You get access to your property whenever you like.
✓ Your home is always “guest-ready” or turn-key, so you don't waste time on maintenance when you stay.
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Value
✓ Your property is upgraded to and kept in pristine “for sale“ or “new” condition, minimising repair costs.
✓ We can easily schedule cosmetic retouches to your property in between guest stays.
✓ Our marketing materials boost your property's resale value.
We Offer a Hospitality Experience.
In a Traditional Tenancy, a Landlord leases to Tenants. But with Short Term Rentals, there are some key differences.
In a Short Term Rental, the Host accommodates Leisure Guests. So we must offer a Hospitality Experience for travellers, rather than providing a basic Housing Service for residents.
Many Owners leave money on the table.
Many owners are used to Real Estate and Tenancies, but they still have some misconceptions about Short Term Rentals.
Some mistakenly manage premium hospitality guests, as they would manage long term tenants.
Some use legacy Real Estate agencies, who can only deliver holiday rentals during peak season.
Thus, many owners leave money on the table, especially during the off-peak season.
Traditional Tenancies vs Short Term Rentals
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Traditional Tenancies
Landlord provides a Service: Housing for Tenants
Landlord’s client: Tenant with tenancy rights
Relationship: Transactional
Intermediary: Rental Agencies
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Short Term Rentals
Host provides an Experience: Hospitality for Guests
Host provides a professional Service: Full Hosting for Owner
Host’s clients: Owner & Guests (without tenancy rights)
Relationships: Host-Owner Partnership, Host-Guest Transactional
Intermediary: Travel Platforms