Nowadays almost anything and everything can be paid for online; vacation rentals are no exception! Holiday goers are moving away from booking with travel agents to booking directly online. Many vacation rental managers have evolved with this holiday booking trend and now offer the option to pay online. Even though 85% of travellers prefer to book online, some vacation rental managers are reluctant to jump on board.
If you are a vacation rental manager in two minds about whether to implement an online payment system, we have put together just some of the benefits it will have on your business:
No matter what the nature of business is, every customer wants to feel secure in knowing that their money is going to the right place. For vacation rental managers, a reservation system with a strong online payment integration asserts credibility and ensures that payments are processed securely.
Reach Global Customers
Since vacationers may be travelling far and wide to your property, it is important that potential guests visiting your vacation rental website feel comfortable in proceeding with a booking. Using globally recognised payment gateways like PayPal, SagePay and WorldPay etc. will encourage globalization of your vacation rental business and increase booking chances.
Receive All Profits
Listing your property on portal websites like HomeAway, AirBnB etc. is great for increasing exposure yet some may take a small percentage of each booking received. By allowing potential guests to book directly through your website, you will avoid any charges. Our tip would be to still advertise on portals but operate your own vacation rental website too, that way you can boost property exposure and implement a channel management tool to keep all availabilities up to date.
Track Payments & Simplify Reporting
To keep track of all payments, use a reservation system that will take care of all booking payments received and will automatically save them in your website backend. Not only will this save you time when it comes to creating reports, it will deter any nasty double bookings and overall, improve customer service.
There we have it, just some of the benefits an online payment system will have on your vacation rental business. Please feel free to comment in the box your thoughts or any experiences with online payments.
If you are interested in operating your own vacation rental website complete with a beautiful reservation system, we will be more than happy to help. You can request a demo from our website or call us directly: +34 512 702 104