Short-Term Rental Management
Maximize your property's earning potential on platforms like Airbnb, VRBO, and Booking.com.
Specialized Short-Term Rental Management
At CoSpace Management, we specialize in maximizing your property's revenue through professional Short-Term Rental (STR) management. Our comprehensive approach ensures your property stands out in a competitive marketplace, attracts quality guests, and delivers exceptional experiences that lead to five-star reviews and repeat bookings.
Why Short-Term Rentals?
Short-term rentals can yield significantly higher returns compared to traditional long-term leasing, sometimes generating 2-3 times the monthly income. However, they also require more hands-on management, specialized knowledge of multiple platforms, and responsive guest communication. Our expert team handles all these details, allowing you to enjoy the benefits without the day-to-day responsibilities.
Our Short-Term Rental Management Services Include:
Listing Creation & Optimization
• Professional photography • Compelling property descriptions • Strategic keyword optimization • Virtual tours and floor plans • Amenity highlighting
Dynamic Pricing Strategy
• Market-responsive rate adjustments • Seasonal pricing optimization • Special event rate increases • Occupancy-based pricing • Competitive analysis
Guest Communication
• Quick inquiry responses • 24/7 guest support • Detailed check-in instructions • Local recommendations • Issue resolution
Cleaning & Turnover
• Professional cleaning coordination • Quality assurance inspections • Amenity and supply restocking • Damage reporting • Maintenance checks
Booking Management
• Calendar management across platforms • Booking confirmation and processing • ID verification • Guest screening • Payment processing
Financial Reporting
• Detailed monthly revenue reports • Expense tracking • Performance analytics • Occupancy rate monitoring • Tax documentation
Our Short-Term Rental Management Process
We follow a proven process to ensure your property performs at its highest potential:
Property Evaluation
We assess your property's potential as a short-term rental, analyzing location, amenities, and market demand.
Preparation & Setup
We prepare your property, arrange professional photography, and create optimized listings across booking platforms.
Launch & Marketing
We launch your property with competitive pricing and targeted marketing to attract initial bookings and reviews.
Active Management
We handle all guest communication, cleaning coordination, and day-to-day management details.
Ongoing Optimization
We continuously monitor performance, adjust pricing, and implement strategies to maximize your returns.
Transparent Pricing
Our short-term rental management services provide excellent value with straightforward pricing.
Short-Term Rental Management
10-12%
of monthly rent
We also offer à la carte services for owners who want to handle some aspects of management themselves. Contact us for a customized solution.
Frequently Asked Questions
Is my property suitable for short-term rental?
Not all properties perform equally well as short-term rentals. Location, amenities, and local regulations all play a role. We offer free property evaluations to assess your specific property's potential.
How much more can I earn with a short-term rental vs. long-term?
This varies by location and property type, but properties in desirable areas can often generate 50-100% more revenue through short-term rentals compared to traditional long-term leasing.
What platforms do you list my property on?
We list your property on all major booking platforms, including Airbnb, VRBO, Booking.com, and Expedia, as well as our direct booking website to maximize exposure and bookings.
What happens if a guest damages my property?
We document the condition of your property between each stay and handle damage claims through the booking platform's protection programs. We also recommend additional short-term rental insurance for comprehensive coverage.
Do I need to furnish my property?
Yes, short-term rentals need to be fully furnished with all essentials. We can provide guidance on furnishing requirements and even coordinate furnishing services if needed.
Can I still use my property personally?
Absolutely! You can block off dates for personal use through our owner portal. We just recommend providing advance notice, especially during peak seasons.
Ready to Maximize Your Short-Term Rental Income?
Contact us today to learn how our specialized management services can help you achieve your investment goals.