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All Forum Posts by: Sid Payne

Sid Payne has started 7 posts and replied 102 times.

Originally posted by @Kathy Hansen:

Not really your target respondent (not in major resort area), but I don't find it much additional work to list on ABB, along with VRBO/HA. The mix is important to me because allegedly VRBO guests are more into planning ahead and ABB guests are more into spontaneous trips, as reflected in the fact that VRBO dominates my bookings in the summer, but ABB does the rest of the year. Since people who come to resorts are planners, you might be good with just VRBO/HomeAway. But it certainly can't hurt to add ABB, and it's really not much more work.

 
Hey Kathy, thanks for the response. I think that makes sense. I do occasionally have last minute gaps I'd love to fill so Airbnb might be helpful for that.

I have four properties in the Disney World area and one near a ski resort in Colorado.
I've been pretty successful on VRBO/HomeAway, 70% to 85% booked this year. However, I worry about VRBO/HomeAway being my primary source of bookings (I also get a lot of repeat guests) and am wondering if it would be worth the extra work to list on Airbnb. I would really like to get that 70% property up to 85%.
I thought about Tripadvisor but they don't seem to get a lot of views in my area.
I have always been a bit leery of Airbnb due to it seemingly to be geared more towards younger folks and not families. A lot of my inquiries come from moms and grandmothers looking for vacations for one or two families.
I also worry about things like Airbnb holding all funds until the guest checks in and a few other things.

For those of you in the major vacation markets (Disney World, Pigeon Forge, Hawaii, etc.), what are your thoughts on this? Is it worth the extra work to list on both? Maybe it is not as much work as I think it might be? Maybe my concerns about the Airbnb demographic are no longer valid?

Thank you for any advice you can provide,
Sid

I'd be happy to chat about this some more. As you know, I have 4 in the same area. PM me.
Sid

Post: Taking credit cards for STR

Sid PaynePosted
  • Longmont, CO
  • Posts 105
  • Votes 79

I use "Friends and Family" on PayPal for friends and a few repeat guests. For transactions not on VRBO/HomeAway, I use OwnerRez connected to Braintree.

Unfortunately, as others have said, 2.9% is the cost of doing business these days.

Post: Cleaning Payment Frequency

Sid PaynePosted
  • Longmont, CO
  • Posts 105
  • Votes 79

I pay monthly as well.

Congrats! Great job. This needs to happen everywhere.

Post: Short term rentals near Disney.

Sid PaynePosted
  • Longmont, CO
  • Posts 105
  • Votes 79

I have 4 in the area. If you PM me your email address, I can send you what I think about the area and some resources.

Thanks,

Sid

Post: VRBO - Walt Disney World

Sid PaynePosted
  • Longmont, CO
  • Posts 105
  • Votes 79

If you guys PM me with your email address, I can send you a bunch of resources.

Post: VRBO - Walt Disney World

Sid PaynePosted
  • Longmont, CO
  • Posts 105
  • Votes 79

I have several down there and have helped other folks who are getting started with some tips but also, more importantly, a list of my team down there. They are critical for helping me keep everything running as smoothly as possible.

Thanks,
Sid

Post: Orlando short term rental advice

Sid PaynePosted
  • Longmont, CO
  • Posts 105
  • Votes 79

I have 4 places in that that area and am looking to buy more. I've been doing it for almost 4 years and have a lot of systems in place to make my like a lot easier.
I would be happy to share some resources and numbers with you if you like. You can PM me.