Are you interested in being a host who is tech-savvy and able to handle bookings across a variety of platforms? The process isn't as difficult as you might think. Read on to find out how it's done.
Channel management is software that enables property managers or individual hosts to promote their property listings across multiple short-term rental platforms while providing a unified dashboard to manage listings seamlessly across each platform.
A channel management software solution allows you to:
API integrations allow channel managers to retrieve booking data from online travel agencies (OTAs) like Airbnb. The real-time connectivity ensures you always have the most current information. Most channel managers enable you to manage multiple booking sites. In other words, you won't have to log in to each account separately every time you need to view your bookings, reply to a message, or check your schedule. All your information will be centralized in one place. When you have a unified inbox and synchronized calendars, you can manage your bookings so much faster and easier!
With a channel manager, property managers and hosts can expose more travelers to their listings with less hassle - improving their chances of bookings as well as saving them time and money!
Vacation rental hosts who manage their properties on several listing platforms need a channel manager to streamline the process of listing their properties.
The universal answer is YES!
Smart vacation rental owners are seen listing their properties on multiple online booking channels. Here are some of the key benefits of listing on other vacation rental websites:
According to AirDNA, Multi-channel distribution strategies yield twice as much income as using just one vacation rental listing platform.
Managing several listings or running an Airbnb management company will require you to deal with multiple accounts. It is possible to manage multiple Airbnb accounts if you put some effort into it.
It is advisable that you manage only a single account if you are an individual host and not operate as a company. If you are using Airbnb to list properties with different target audiences, using one Airbnb account is a bad idea. To prevent any sorts of problems or issues in the situation where you have multiple accounts to manage, you should be careful to handle them wisely. When you have multiple accounts and you make use of the same IP address to log into all of your accounts, then Airbnb will recognize them and ban all your accounts. Check the Airbnb regulations for your area beforehand in order to be familiar with the rules you need to comply with, while hosting. Also, you need to be able to respond to guests’ questions and comments immediately so that your account will stay active.
One Airbnb Account When all the properties you are listing appeal to the same demographic, one account will suffice. The convenience of having all of your listings in one place can save you time and help you maintain control over your business.
It is a good idea to have multiple Airbnb accounts if you plan on listing different types of properties for different audiences. A single Airbnb account may not work in this situation.In addition, if you receive a negative review on one of your properties, it will affect all others under the same account.
Multiple Airbnb Accounts With multiple accounts, managing everything from guest communications to day-to-day tasks requires more time and focus. To keep track of all communications and to log in and out of your accounts continuously, you'll have to check in and out constantly.
By creating multiple accounts, you can address different audiences and thus increase the number of bookings. Many Airbnb managers utilize software to help them manage their such listings.
Channel managers are indispensable tools for all property managers who advertise on more channels than just Airbnb. Here's how a channel manager can improve a property manager's life.
Your calendars and listings don't need to be updated manually, so you have more time to focus on other aspects of your business.
You always show the correct availability on all your channels since your calendars are constantly updated.
You can get listed on multiple channels without worrying about overbooking or having to spend even more time manually managing them. Instead, enjoy increased visibility, get more bookings, and boost your occupancy.
More bookings + higher occupancy rate = higher earnings
You never miss a guest inquiry with the help of channel managers who keep your inbox unified so you never miss out on a message.
Property managers and hosts often find it challenging to manage multiple accounts and lists on various platforms. This is because your business has many other facets that need your attention, apart from the aforementioned tasks.
However, the good news is that you can make your daily property management tasks much simpler with automated tools and software solutions. With state-of-the-art vacation rental software such as what Hostaway offers you can absolutely automate your Airbnb platform, as well as get listed on other similar OTAs.
Hostaway Property Management System comes with a built-in channel manager that automates various aspects of your business. You can optimize your management processes seamlessly by taking advantage of the following key features.
While it may seem like a daunting additional cost, consider it an investment for the future. Using automation, you will be able to reduce your overall expenses and improve your efficiency over the long run.
Management operations can be easily streamlined using channel management software solutions. By automating many manual tasks, you can concentrate more on growing other aspects of your vacation rental business.
Get in touch today with one of our product experts to receive actionable advice and discover how Hostaway can fit your property management business and maximize growth potentials for you. Schedule a demo call at your preferred time and get advice from our specialists’ panel. Choose the industry's premier vacation rental management software and watch your business transform. Your decision will not disappoint!
Increased bookings. Fewer hassles. Higher profits.