The effects of Covid19 on the vacation rental industry have been hard felt. Hosts are concerned about sustaining their businesses through this tough time and the impacts it will have on their futures. Lifty Life shares these concerns and wanted to find some answers and advice on the future of our industry. In a series…
Tofino is a great market for owning and operating a vacation rental. Lifty Life recently ranked it among the top markets in Canada. Not only is it a great place to own an Airbnb it is a great place to own a vacation property for yourself and family. Your family will love spending parts of…
What are the best vacation rental and Airbnb destinations in Canada? Lifty Life has complied the ultimate Canadian Vacation Rentals list for you and provided the data to back it up! We have chosen to exclude major Canadian cities such as Vancouver, Toronto, and Montreal. This way we can feature some lesser known cities throughout…
If you’re wondering how to mitigate risk of your Airbnb then we have some suggestions for you! When setting up your vacation rental you will want to consider your local regulations, insurance, security and safety. Consider safety and security as one of your top concerns when staging and designing your property. Many hosts only consider…
It’s no surprise everyone is getting a little stir crazy. Being locked in our homes for weeks with no definitive date of the crisis being over would put anyone over the edge. If you’re like me than you need a vacation, quick! But even after the crisis ends travelers should still stay wary. Just because…
Covid19 & Vacation Rentals The travel industry is hurting due to the growing travel fears of the Coronavirus (Covid-19). It is very likely you are dealing with many guest cancellations and concerns. The closure, suspension, and cancellation of major events, sport, and culture amenities diminish the value proposition of your listing. Sadly, the current environment…
Airbnb target markets and the segmentation of the Airbnb user base are often overlooked by vacation rental hosts but are crucial to informing your overall strategy. Your design, pricing, content, and amenities will all be influenced by your target market. To select an effective target market for your Airbnb consider the market your in, your…
Research – Airbnb Market Analysis Understanding your market is the first step to professional vacation rental management. It is important to become a destination expert, analyze your competitors, and educate yourself on the unique regulations of your market. The more you understand your market the better positioned you will be to compete and the higher…