VRMA works worldwide on behalf of managers and supplier members to advance the vacation rental industry through education, information, networking, research, and advocacy.
Our CFO, Bruno Scarabottolo, attended this year’s Internacional Conference to check the latest Tourism updates and forecasts on Rental Markets and Hotel Markets for Florida, participating in panel discussions including:
| • Business Strategy • Data and Revenue Management • Finance and Legal Operations • Guest Relations • Housekeeping and Maintenance | • International Marketing • Owner Relations • Property Services • Sales • Technology |
HOW THE CONFERENCE WENT
It is a pleasure to meet with old friends and new ones at this International Conference to be able to talk about our management company and market! We saw that WVH is Outperforming with our System and techniques ahead of the market media performance overall and have great solutions for all areas we serve due to our hotel experience (3rd generation Hotel Owners) and knowledge of our rental market actuation area for more than 7 years in Florida.
OUR EXPECTATIONS
We also received the feedback information about the low occupancy happening since Covid-19 pandemic and still affecting our market in US (both Hotel and Rentals Market), specially on Low Season (Due travel restrictions for international travelers and Delta Variant Marketing plus face-to-face School Classes comeback after Aug 15). The forecast to return Occupancy as 2019 index basis stated that is expected to be between 1 and 2 years more before the pre-pandemic occupancy and demand. Also on the contrary, they saw the ADR increase during the last 3 months of Summer (June, July and August), and this was in sync with WVH trends and feeling of market. Everybody is expecting the reopening for international markets for travelers to the USA in November as the great turn and ignition to more stable performance.
US finally on the right side of the hill
WVH also set new partnerships during this conference improving marketing and sales performance. We also received possibility to increase networking from our company with new partners and companies, which will bring us more business and high performance results.
We are in the last steps for integrating sales with Marriott Bonvoy (More than 150 Million Users World Wide), FindRentals (Experienced Bookings Provider), and Google Rentals (Driving Direct Bookings with this new Channel).
Finally WVH was able to meet with the great Experienced Rentals Gurus as @MattLandau (PM and Founder of VRMB) and @MattRoberts (30.000 V.Homes and 800M/y sales), and discuss ideas about future changes, predictions, and position on the market. Great solutions are coming from those meetings!!
We are very proud to see that WVH is aligned with the most modern and greatest U.S systems to produce the best results and most high occupancies as possible while delivering a great guest experience with our full service property Management Company focus on Hotel Experience and High Performance, our team is delivering a super over market result where we serve and work hard daily to keep these standards at Wonder Vacation Homes!