5 Tips For Setting Up A Successful Holiday Let Business

So you’ve decided to take the plunge and set up your own holiday let business. It’s an exciting venture, but setting up a business like this can feel overwhelming. Trust us, we’ve had years of helping landlords who are at the start of building their holiday rental business!

Setting up a holiday let business requires more than finding a charming location, it’s all about providing a home-away-from-home and memorable experiences, that will keep your guests coming back for more!

This guide will provide you with essential tips to get your holiday let business off the ground.

Know your audience

Before you can even begin, think about who you want your holiday let to attract. If you have a large property, you’ll attract families and groups, whereas if you’re marketing a one or two-bedroom apartment, it may be better suited to a couple of a romantic break away.

The next question to ask is, what does your property need to command a higher price? Your holiday let needs to be a high-quality place to stay, offering all the amenities your customer needs, such as fast Wi-Fi, a kitted-out kitchen, and more. At Grandeur Property, we ensure your guests feel special upon their arrival, providing a luxurious welcome hamper, a warm and welcoming home, and a bottle of bubbles!

Create a home-away-from-home

Your guests have chosen a holiday let over a hotel for a reason. Your property needs to be warm and welcoming, offering style and comfort to your guests. Investing in high-quality furnishings that are cosy but practical, will go a long way. Think plush beds, and a well-equipped kitchen.

Your holiday let should leave your guests excited to return! Making an investment in your property to deliver a 5* stay for your guests, will pay dividends in years to come.

Master your marketing

You need to let it be heard that your holiday let is available! A key area of any business is marketing it, which in itself can be a full-time job.

At Grandeur Property, we take care of every aspect of marketing your holiday let for you. We’ll have a professional photographer visit your property, to capture the stunning features of your holiday let to entice people to book their stay.

Our team also has a wealth of knowledge to help market your property to ensure you see consistent guest bookings. We craft compelling descriptions to highlight the beauty of staying at your property to holidaymakers, while finding the best and most cost-efficient platforms to advertise your property.

Prioritise guest satisfaction

Every guest that walks through the door of your holiday let should feel like a VIP! Making sure to respond quickly to enquiries, providing flexibility to your guests with their check-in or check-out times, and being readily available to answer questions or resolve concerns, will mean your guests are satisfied with their stay.

It’s important to go the extra mile for your guests, whether that’s providing a welcome hamper or sharing personalised recommendations. Happy guests are returning guests, and they are the ticket to your holiday let business’ success!

The other thing to remember, a 5* stay will likely lead to a 5* review! Glowing reviews from previous guests will help to encourage new guests to choose your holiday let for their next trip.

Don’t go on this journey alone!

It’s no secret that running a holiday let business is a full-time job. Has your business kicked off and now you’re left wondering, how do I make time for anything else? Is it really worth all of your own time? What else could you be doing, if you had support?

That’s why we, Grandeur Property, exist. Our role as a holiday let management company is to give you back time, put more money into your pocket, and make running a holiday let business hassle-free!

From marketing your holiday let, to organising cleaning and laundry, to the administration of bookings. We take care of everything for you, so you don’t have to.

Using a company that specialises in managing holiday lets will mean your property is well taken care of, alongside seeing that your guests have a pleasant stay. As specialists in holiday let management, we understand just what’s needed to ensure your holiday let property thrives. While using a company like ours does include a cost, the money and time you get back to enjoy the things you love, with the people you love, is priceless!

Whether you’re a seasoned landlord or at the start of your holiday let journey, setting up a successful holiday let business takes planning, passion for property and hospitality, and dedication. But with these tips as a guide, and making use of the right tools and people around you, your holiday let business will start to take off!