New to cabin ownership? These ten tips make your Smoky Mountains cabin more attractive to guests and more profitable.
1. Work with a professional property manager.
If you manage your rental, you’ll handle marketing, bookings, payments, and cleaners and answer guests’ calls 24/7. A manager like Colonial Properties Cabin & Resort Rentals takes care of those tasks and helps maximize profits.
2. Set the correct rates
You’re looking for Goldilocks rates–not too high, not too low, but just right. Colonial Properties uses dynamic pricing, constantly researching comparable properties to determine when and how to adjust your rates so you get more guests.
3. Understand regulations and taxes.
Be sure you know local rental regulations, tax obligations, and homeowners’ association rules if your cabin is part of an HOA.
4. Don’t scrimp on upgrades.
Resist the temptation to save money by doing upgrades yourself. Use professionals to make upgrades and hire cleaners with expertise in high-quality cleaning.
5. Wow guests the moment they arrive.
Be sure guests pull into a well-maintained parking area, walk past fresh landscaping and enter through a seasonally decorated porch or patio. Make their first impression a good one.
6. Provide extras to make guests feel at home.
Toiletries make guests feel pampered, but don’t forget other touches like bathroom storage caddies, table linens, games, and treats like coffee and tea.
7. Curate local attractions.
Leave a list of local restaurants and the closest attractions and grocery stores. A folder of thoughtful information shows guests you want them to feel like they belong here.
8. Go neutral.
You’re decorating to please a wide variety of guests, so keep styles neutral. But neutral doesn’t mean dull. Add charm with tip number 9!
9. Play up the beautiful location.
Emphasize your cabin’s Smokies home. Choose mountain-themed art, fabrics with designs evoking native animals, or Appalachian pottery and baskets.
10. Protect your investment and your guests.
Add exterior lighting, alarms, and an electronic lock with a unique key code for each guest. Colonial Properties cabins use electronic lock systems for owners’ peace of mind.
Let Colonial Properties show you how we handle every rental process step. Contact us today.