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Fall Vacation Rentals and Rising Cost of Real Estate by Mike Harrington

What we know is that the pandemic has created many “converts” out of guests that would previously have never considered a vacation rental. Because there are many advantages of having a complete living space, whether condo or cottage, that includes a living room and full kitchen, these converts are here to stay. Particularly given the fact that prices are comparable, and oftentimes less, than traditional hotel rooms or resorts. Vacation rentals are a great value for the savvy guest.
 
Here’s an insider’s secret for those guests with more flexibility in their vacation schedule. We locals LOVE the fall on the Carolina coast. The skies are a brilliant, and normally cloudless, shade of blue. The sun is warm and languid while no longer scorching. The water stays warm through late fall, the perfect temperature for swimming. The sand feels wonderful beneath your feet instead of burning them. And last, but definitely not least, the summer crowds are gone. You ....

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2022 Vacation Rentals New Normal? by Mike Harrington

The pandemic took the wind out of all our sails. When it swooped down in March of 2020, it was terrifying to many. COVID upended nearly every aspect of our lives and made us question choices we previously took for granted. Every person, every business, and every industry was affected. Between mid-March and the end of June 2020, 49 million new unemployment claims were filed. According to Yelp.com, 180,000 businesses closed temporarily at the beginning of the pandemic and 60% of those became permanent closures. While we all suffered, there were several industries that took the brunt of the pandemic hit- especially healthcare, restaurants, and airlines. Also at the top of the list is the hospitality industry. In the first weeks of the pandemic, 80% of hotel rooms sat empty. It was not as easy to track those numbers for the vacation rental industry, but it is known that many of the smaller companies suffered tremendous losses as well.
 
The Massive 2021 Rebound in Vacation Renta ....

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Property Managers Wear Many Hats Part Three: Property Managers Are Your Advocates by Mike Harrington

Carolina Retreats is the premier property management company here in Coastal North Carolina.  As a property owner’s advocate, we take real responsibility when it comes to all facets of vacation rental property management.
 
There is reward…and risk in owning a vacation rental property.  It’s unfortunate, but these risks are almost endless, from breakage to damage, to vandalism, to theft. Naturally, prospective owners are concerned with how their professional property manager can help mitigate that damage. We at Carolina Retreats have a three-tiered structure for addressing these potential issues before they become problems.
 
Our first tier is our eagle-eyed professional housekeeping staff. We purposely assign the same housekeepers to the same properties, so they become accustomed to how everything looks and how everything works in each home. They are typically the first to notice if anything is amiss.
 
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