Vacation Rental Secrets: How to Capture More Bookings and Loyal Guests with Jeff Iloulian
Manage episode 399269668 series 3370296
If you're feeling frustrated because your current marketing efforts are not generating the direct bookings and repeat guests you desire, then you are not alone! You may be spending time and resources on social media and online advertising, only to see minimal results in terms of brand recognition and customer loyalty. Instead of seeing an increase in direct bookings, you may be struggling to stand out in a crowded vacation rental market, leaving you feeling overlooked and undervalued. It's time to pivot your branding strategy and focus on building a strong vacation rental brand that resonates with your target audience and sets you apart from the competition.
The real winners in the space are the people that are performing in the top ten, top 20% of listings. And it's not that the listings somehow are magically better. You can look at an apples to apples comparison, it's just that they're designed better, they have better quality things inside. - Jeff Iloulian
In this episode, you will be able to:
- Learn the secrets to boosting direct bookings and guest loyalty with our latest podcast episode.
- Discover the power of group purchasing to streamline expenses and maximize profits in your vacation rental business.
- Uncover the significance of maintaining brand consistency for a strong and memorable vacation rental identity.
- Unlock insider tips for saving money on essential products for your vacation rental without compromising quality.
- Master the art of building a compelling and recognizable brand for your vacation rental, setting you apart from the competition.
My special guest this week is Jeff Iloulian. Jeff is the co-founder and CEO of Host GPO. He brings extensive experience in managing a diverse portfolio of 150 vacation rental properties, ranging from luxury homes to individual studios. With a background in law, Jeff's transition into the vacation rental industry showcases his strategic vision and adaptability. His entrepreneurial journey led to the founding of Host GPO, a pioneering buying group that revolutionizes the procurement process for hosts, providing access to top-tier brands and products. Jeff's expertise in navigating the challenges of property management and his emphasis on the significance of quality furnishings offer practical insights for hosts aiming to enhance their brand presence and elevate guest satisfaction.
Connect with Jeff:
Host GPO – 3 months free – no commitment – https://mydbs.live/hostgpo
https://www.linkedin.com/in/jeff-iloulian-bb0b6829/
https://www.instagram.com/hostgpo/
The key moments in this episode are:
00:00:08 - Introduction to Vacation Rental Industry
00:03:00 - Host GPO and Group Purchasing Organization
00:08:01 - Impact of Quality on Vacation Rental Costs
00:12:30 - Hospitality Grade Products and Wholesale Experience
00:14:02 - Importance of Brand Standards in Vacation Rentals
00:16:27 - Buying Brand Standard Products
00:18:50 - Allocating Budget for Maximum Impact
00:22:53 - Hospitality Do's and Don'ts
00:26:45 - Protecting Personal Items in Rentals
00:27:47 - Leveraging Property Features for Bookings
00:29:13 - Unique Items and Partnerships
00:30:46 - Membership Discounts and Savings
00:33:42 - Building a Brand Standard for Direct Bookings
00:36:03 - Host GPO Trial and Expansion
FREE GUIDE: 10 Ways to Drive Guests to your Website instead of Airbnb: https://directbookingsuccess.com/10-ways-to-drive-guests-to-your-website-instead-of-airbnb/
Show notes are available at: https://directbookingsuccess.com/podcast/
Follow Jenn on Instagram: https://www.instagram.com/directbookingsuccess
Join Jenn’s free group – the Marketing Hub Free Facebook Group: https://www.facebook.com/groups/marketinghubforholidayrentals
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