Millennial renters have become a major contributor to the vacation rental market. With the increase of technologies in homes such as home automation property managers are profiting from the willingness of millennial’s to pay a higher cost for a property with these upgrades. Millennial’s use hand’s free voice controlling systems such as Amazon Echo or Google Home to manage other devices such as adjusting temperatures, lighting, making phone calls, and perhaps playing their favorite tunes. With these home automation upgrades readily available about 86 percent of millennial renters are more than willing to pay for a property that provides these technologies.
Recently, PointCentral and HomeAway have teamed up to integrate a new technology solution that will benefit vacation property managers and homeowners with the use of VRBO. This new technology provides Home Automation to control access to the properties using distinctive door codes in the homes. Having the controls over this system as well as the adjustment of temperatures allows the accessibility, convenience, and comfortability that is needed for both the property manager and guests. When a guest enters a vacation rental home for the first time they expect for the home to be accessible and the temperatures to be cool. With this system, the property manager can change temperature to cool upon arrival and when the guest departs the property manager can then save costs by increasing the temperatures.
Home automation systems are becoming the next big thing in the vacation rental industry. It is a system that will boost profits and increase the likelihood of the property being booked even more so than it had been before. If you haven’t already implemented this system in your homes I one hundred percent recommend it will be a big help. Yes, you can control a variety of features in the home but let’s not forget it is a great tool for the guest to quickly ask questions such as what are the top local restaurants, things to do, or perhaps what retail stores are nearby. When you go on vacation these are the types of questions that people ask but without having to research it on their phone or computer they can quickly ask hands-free.