🔍 Missing amenities come in two forms: Individual Missing Units – For example, units with a wooded view not tagged correctly in the PMS, and Entire Categories – Like corner units, which typically command higher rents, yet sometimes go unaccounted for altogether. The impact? Even a small oversight—like a $25 view across a few units—can add up to $900 annually, or $15,000 in hidden value at a 6% cap rate. The solution? Use a comprehensive amenity checklist to ensure every detail is accounted for. A little effort goes a long way toward maximizing revenue! Ready to uncover more hidden revenue? Read the full series here: https://bit.ly/4fK24qe
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When purchasing new locks, property owners must determine in advance whether they want their access control system to operate online or offline. This decision can carry significant implications and expenses if a switch is made later on. What if there were an option to install the locks and retain the flexibility to change later on?
🔑 Are online or offline locks the right choice for your hospitality or multifamily property? ✅ We know each property is unique and may or may not be able to support online locks. In our most recent blog post, we outline some considerations when determining if online or offline locks are right for you, and how 33 Lock Inc. can support both environments. ➡ Read here: https://lnkd.in/gYjc7uG3 #hoteltechnology #shorttermrentals #vacationrentals #hospitalitytechnology #multifamily #multifamilyproperties #propertymanagement #stvr #startups #hotels #motels #hostels #accesscontrol #smartlocks #propertyautomation #hotelmanagement #motelmanagement #iot
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🔑 Unlock Tenant Loyalty: Discover proven strategies to retain happy tenants and boost property success! From responsive communication to personalized services, learn how to keep your tenants satisfied and your occupancy rates high. #RealEstateInvesting #TenantRetention #HappyTenants #PropertySuccess #THABCOPROPERTIES
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Do you have a solid policy for rent-ready suite expectations in your senior living residence? 📝 Here's how: Use the 5/5 principle – five suites ready at all times, and ensure resident turnover is completed within five days. Maintaining occupancy performance requires efficient processes around suite readiness and resident turnover. 🚀 Want to elevate your occupancy rates? Let’s make efficient turnover your new standard! Dive into our Occupancy Performance Scorecard and see how your management team can shine. Scorecard link in the comments below ⤵️ #seniorlivingsales #seniorlivingoperations #seniorlivingoccupancyperformance #seniorlivingpro #salestraining
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Houston saw the highest year-over-year increases in occupancy, rising 14.8 percent to 71.1 percent, and in RevPAR, increasing 19.3 percent to $85.20. CoStar Group Read more- https://lnkd.in/gGiKRmAt #USHotelWeeklyPerformance #USHotelsKeyMetrics #OccupancyGrowth #ADRTrends #RevPARDecline #Top25USMarketsForHotels #USHotelPerformanceInJune #CoStarWeeklyReport
CoStar: U.S. hotel metrics rise in first week of June, yearly trends vary
https://www.asianhospitality.com
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🌟 Stay ahead in the serviced apartment industry! 🌟 Are you ready to stay updated on the latest trends and insights in the global serviced apartment, aparthotel, and corporate housing industry? 🏢✨ Subscribe to our newsletter and receive weekly updates straight to your inbox📬📰 💡 Sign up here for our newsletter >> https://lnkd.in/eKkY7TKG 👉 Be the first to know about industry news, market intelligence, and exclusive content designed to keep you informed and ahead of the game. Don't miss out—subscribe today and elevate your business knowledge! 📈 #servicedapartmentnews #aparthotels #corporateHousing #industrynews #hospitality #newsletter #subscribe
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THESE 3 PROPERTY TIPS WILL HELP YOU MAINTAIN GOOD QUALITY TENANTS! A recent report highlights a growing demand for high-quality housing. This isn't just about comfort - it's about health, safety, and attracting reliable tenants. Here are some ways to invest in your properties: ➡️ Invest in regular maintenance to prevent problems before they arise. ➡️ Address tenant concerns promptly to maintain a positive relationship. ➡️ Upgrading key features like kitchens and bathrooms can attract high-quality tenants who stay longer. By prioritising quality housing, you're not just making responsible investments, you're creating a win-win situation for yourself and your tenants. 💡 We have more tips on how to manage your rental property in our free guide! Head over to this link and download your copy now: ➡️➡️ https://lnkd.in/gnewGTPV #landlordtips #qualityhousing #responsiblelandlording
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Enhance tenant satisfaction to drive renewals. Offer timely repairs, upgrades, and responsive service. Consider renewal incentives like rent discounts or upgraded amenities. Happy tenants are loyal tenants! 🌟🔄 #RentalSuccess #LeasingTips
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What Your Tenants Are Saying About Cleanliness (Without Saying It) A tenant hesitates during a tour. A prospective resident mentions another property. Sometimes, what isn’t said speaks louder than words. Cleanliness—or the lack of it—can quietly influence decisions, reviews, and even retention rates. At MJ Legacy Clean, we believe in creating spaces that remove doubt and inspire confidence. With services tailored to your property’s unique needs, we ensure every interaction leaves tenants feeling welcomed and impressed. 🔍 When was the last time you looked at your property through a tenant’s eyes? What did you see? Let’s talk in the comments. #CleanAndConfident #TenantSatisfaction #PropertyManagementTips
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What Your Tenants Are Saying About Cleanliness (Without Saying It) A tenant hesitates during a tour. A prospective resident mentions another property. Sometimes, what isn’t said speaks louder than words. Cleanliness—or the lack of it—can quietly influence decisions, reviews, and even retention rates. At MJ Legacy Clean, we believe in creating spaces that remove doubt and inspire confidence. With services tailored to your property’s unique needs, we ensure every interaction leaves tenants feeling welcomed and impressed. 🔍 When was the last time you looked at your property through a tenant’s eyes? What did you see? Let’s talk in the comments. #CleanAndConfident #TenantSatisfaction #PropertyManagementTips
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"Elevate Property Cleanliness: Expert Tips from Rad Spic & Span" As property managers, ensuring apartment complexes' cleanliness is crucial for tenant satisfaction. Rad Spic & Span offers tailored cleaning solutions for property management offices and complexes. Here are essential cleaning tips for maintaining inviting spaces. 1. Streamline Cleaning Processes: Establish efficient protocols and schedules for consistent maintenance. 2. Focus on Common Areas: Regularly sanitize high-traffic spaces like lobbies and hallways. 3. Deep Clean Apartment Units: Conduct periodic deep cleans to address odors and stains. 4. Prompt Maintenance Response: Address repairs promptly to uphold property appearance and functionality. 5. Partner with Professionals: Trust Rad Spic & Span for top-notch cleaning using eco-friendly products. Conclusion: Clean properties attract and retain tenants. Follow these tips and partner with Rad Spic & Span for pristine spaces. Contact us at 317-241-0018 or visit www.radsspicspan.com to learn more. Serving Indianapolis, Carmel, Noblesville, Fishers, and surrounding areas.
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