Case Studies
Our core Property Management Software is simple, powerful, and complete
The Challenge
Palmah worked as a paralegal for a leading pharmaceutical company before deciding to become a stay at home mom. She started a vacation rental in Salt Lake City, UT, near world-class ski resorts, as a means to generate supplemental income for her and her family. Like many other accommodations in the area, she was using one listing site and bookings came easy during the “high season” or ski months. However, come April, she noticed a sharp drop in bookings. Palmah liked the flexibility and idea of keeping her place a short-term rental but needed a way to increase her occupancy rates to prevent finding permanent tenants.
The Solution
On average, PMCs that switch to Lodgable see a 20% increase in bookings and revenue.
Lodgable helped Palmah reach more business travelers that were visiting Salt Lake City in the off months for events. Prior to Lodgable, Palmah was only listing on AirBnB and getting reservations primarily for leisure travelers. Lodgable centralized her business operations and she now lists on 40+ channels, like Booking.com and Expedia. Since the shift, she has hosted doctors, opera singers, and working professionals visiting for things like a doTerra essential oil convention. Because of the spike in new business, Palmah is making nearly as much from home as she was from being a paralegal.
“Since switching to Lodgable, I’ve been able to consistently increase my occupancy each month. Before Lodgable, I was only full 53% of the time. I now average a 82% to 98% occupancy year-round. I also now have bookings at least 4 months out and spend less time managing my listing. I can’t imagine business now without Lodgable.”
– Palmah R.
“Currently I have more bookings, through Lodgable, in my offseason than I did, without Lodgable, last year during my peak season. I used to work solely with a nearby property management firm. They were unresponsive, expensive, and provided me with few bookings. I purchased my condo in Florida, solely to be used as a vacation rental and as a secondary income. Lodgable has been exactly what I needed! ”
– Robert K.
The Challenge
Bob was a personal injury and trial lawyer for 40 years. He is originally from Maryland, but in 2012 he began training dogs full time and moved to Florida for retirement. Bob purchased a vacation rental property in Bonita Springs. It’s a beautiful place that overlooks the Gulf Coast. He bought a quaint condo, to be used primarily for supplemental income. He was using a property management company to distribute and manage his vacation-rental but was very dissatisfied with their service and performance. He was not seeing the occupancy he knew he should be having.
The Solution
Lodgable listed Bob’s property on over 100 booking channels in just a few days. Within that same month, Bob saw most upcoming weeks, booked solid. He now averages a 5-night average length of stay, went from a 15% to 75% occupancy in the offseason, and 60% to 95% occupancy during his peak season. He was even able to raise his nightly rate, without losing bookings. He now profits 76% more revenue than the average one-bedroom rental in the area and has increased his monthly earnings by $1,300 per month. Lodgable has also helped him meet other locals, international travelers, families, couples, and even individuals just traveling for work.
Lets Get Started
Lodgable now offers the fastest response time in the industry. Learn more about how our state-of-the-art software will help grow your business today!
“Lodgable helped our company reach a new audience of customers in a short amount of time. Their team was quick to import all of our properties and they didn’t waist anytime generating bookings. We saw over a dozen bookings arrive during the first week alone. Overall it has been a great product and experience!”
-Jared H.
The Challenge
Jared is the general manager for Craigland Properties, a property management group that has over 11 employees and manages dozens of college dorms in Southeastern Idaho. Craigland has contracts with the area university and is able to keep their units full during the school year, but experiences vacancies between semesters. Jared was seeking a partner to help them find a solution to their seasonality problem.
The Solution
Jared discovered Lodgable during his off-season and just weeks before a large local event. He hoped to offer his student housing as short-term rentals for upcoming visitors. Sensing the urgency, The Lodgable Team gathered and imported Jared’s fleet of 24 properties into the Lodgable platform, all within 48 hours. Once Jared reviewed and activated his rentals, Lodgable published his listings to Booking.com, Priceline, Kayak, TripAdvisor, and others. A task that would take most people weeks or months was accomplished in just a few days.
The Challenge
Allison is a Project Manager in the Lake Tahoe Area and came to Lodgable looking for a new and improved direct booking site. She was looking to lower the cost of fees she was paying to be on other booking sites.
The Solution
Lodgable created a beautiful website for Allisons Lake Tahoe properties through their POP Program. After their switch to Lodgable Allison not only saw an increase in direct booking revenue, but also in her total revenue. Allison benefited from the marketing tactics Lodgable has to offer
“We actually had no big issues with our last software provider, but we wanted a better website, since we switched to Lodgable, we’ve had a 33% increase in bookings. Lodgable made a LOT of changes to our low ranking, poorly converting listings. We’re thrilled.”
– Allison P.
Grow Your Business Today!
Lodgable now offers the fastest response times in the industry. Our average response time during business hours is 10 minute 12 seconds! Is your property management software supporting you?
Chat With Us
COPYRIGHT © 2022. ALL RIGHTS RESERVED.
