July 4th is a significant day in American history when we gained freedom from British rule declaring our independence. This date is also significant for 2 year old baby green sea turtles or honu who are released from captivity from the ponds at the Mauna Lani deemed healthy to venture into the ocean in what the Big Island refers to as “Turtle Independence Day.” With 20,000 to 30,000 visitors flocking to the Hawaiian Islands on a daily basis, are you optimizing your investment property to gain financial independence. Below are some suggestions:
- Delight your guests by ensuring that you have addressed their top needs:
- A clean, shining property
- Easy instructions for access, use, and checkout of the property
- Well-appointed kitchen and laundry facilities
- Comfortable beds, linens, and towels
- Beach gear and guidebooks
- High speed Wifi, Cable TV, and Streaming Services
- Air conditioning and Fans
- A local contact to quickly address issues that may arise
- Set guest expectations through a welcome book with instructions and exit checklists which help maintain your property and lower costs.
- Charge appropriately for the number of guests, for early and late checkouts, and for minimum stays.
- Charge back expenses to guests for concierge, cleaning, etc. and ensure they are competitive rates for the experience that you are providing.
- Form action plans from guest feedback and regular maintenance suggestions to protect your investment
- Partner with the RE/MAX franchise providing your property exposure in 120 countries around the world through 130,000 agents and connected to VRBO and Airbnb
- Stay ahead of the competition by utilizing a trusted property manager aware of the ever-evolving vacation rental market bringing innovative ideas to differentiate your property. On the Big Island, hotels have increased their booking charges which should translate to higher prices for your property where demand is outpacing supply.
- Establish a direct RE/MAX referral channel to cost you less. Provide a property business card to bypass booking pass through costs
Honu are symbols of good fortune in Hawaiian folklore and provide a connection between people, land, and the sea. Lava Luxury Realty wants to be your island connection and bring you good fortune!