Last-minute vacation rental cancellations can really hurt your revenue! Picture this, you live up north or even out of the country and down in sunny Florida the high rental season is about to begin. You are happy because your property has been booked solid for the whole month of February and March. Then suddenly you hear that your guest has canceled 7 days before their check-in date! On top of that, the vacation management company you have been working with has promised to give those same guests a 50% refund!
Ouch, that will really hurt, it killed your season! You have now been left high and dry and have to refund 50% of the revenue you were hoping to receive. Unless there is a sudden blizzard up North that causes huge demand for rentals south at the last minute, there may be no way of filling that lost reservation. Has this happened to you? Does the thought of losing 50% of your seasonal income suddenly make you feel uneasy?
Sometimes we find competitors who have loose cancellation policies in place. While they are appealing to the guest they don’t protect the owner from a potential huge loss. At Naples Florida Vacation Homes, LLC we want our owners to rest assured… knowing their interests are protected. Expected revenue needed to cover your expenses should never be pulled out from under you. Do you want to place your property in the hands of a management company that offers unpredictable income through liberal policies? Wouldn’t you rather see booking and know that once it is confirmed that will be money in your pocket?
Protect your investment from loss and consider carefully the cancellation policies of your property manager before signing up. Not understanding what cancellations mean to your bottom line could result in a loss of vital cash flow. You may not be able to pay utility bills or worse have to default on your mortgage payments.
Call us for more information on how we can help you make the most of your vacation rental investment. Naples Florida Vacation Homes LLC has been in this business since 2005, and understands what works and what doesn’t when it comes to fully manage your property.
We provide full-service hotel-style management for your guests and take care of your home as if it were our own. Call Jeri Brunton on her direct line 239-449-9040 or email jeri@naplesfloridavacationhomes.com.
Visit www.NaplesFloridaVacationHomes.com and have a look at the properties in our vacation rental portfolio. How can we serve you?