Tag: home owners

A New Era Of Vacation Rentals

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Travelling and local tourism is easily the backbone of our country’s economy. And, why would it not be when every other town is scenic and worth visiting over and over? Our unique terrain and rich heritage make exploring India a delight for everyone. 

But there was a minor hiccup in this process. The state of accommodations and the lack of managed stays had been preventing people from exploring all the remote corners of India. However, these are now problems of the past, with short-term vacation rental homes and managed stays becoming more accessible than ever. 

Tourists and travellers do not have to settle for any substandard hotel room, when they have an abundant choice of stays.  

Add the apprehension of staying in random hotel rooms with concerns of cleanliness and sanitation, managed stays for private and entertaining holidays are becoming the norm. 

The changing Era of Vacation Rentals

Before we dive into what changed in vacation rentals, we have to understand the transformation in the mindset of an average traveller since the COVID-19 pandemic. 

It has become about spending quality time with friends, family, colleagues, or indulging in alone time. In the last two years, we have people investing more in relationship building during vacations than chasing a milestone or travel checklist. 

Staycations to get away from the boredom of WFH life and reconnect with colleagues they have not seen in a while, are fast becoming the norm too. 

So it is no surprise that the billion dollar Indian vacation rental industry is growing faster in the homestays, cottages, private homes, and managed stays sector than the hotel sector. 

What can a Home Owner expect from this new era? 

When India’s hospitality sector boomed a few years ago with managed stays and private residences going as short term vacation rentals, investment in this sector went up as well. Many Home Owners invested in properties in offbeat and tourist-friendly locations that can work as vacation rentals. 

Yes, the COVID-19 pandemic did impact this sector quite a bit. But, as the SaffronStays’ homeowners will tell you, the recovery for managed stays has been quite quicker and stronger than the typical hotel industry. 

But we can’t deny that the times are changing and the new era of vacation rentals is here. 

So what can homeowners look to invest or expect from this industry?

  • Well, for starters, as the apprehension around travel during the COVID-19 pandemic settles down, you can expect a revival in demand. We are already seeing the signs for it. 
  • You can expect that the travelers will flock to easily accessible, well-maintained, and modern homes to spend their vacation days in, instead of a hotel room. This means that this time calls for strategic investments in these homes right about now. 
  • The plug and play model will also evolve into the managed stays model where travelers expect the vibe of a homestay but the convenience of a hotel. Rustic homes with a cook and WiFi basically. So, investments here are also in order. 

What does a guest look for in vacation rentals?

You can only manage the supply side the right way when you know what the demand is for. 

So let us take a look at what will a guest or traveller’s priority be in the new era of vacation rentals? 

Obviously, as per the trends we just discussed, the needs now go beyond just a place to stay and some decent facilities. They are looking for places that are safe and allow them to experience a blissful vacation, if not more. 

  • For starters, the property’s location is very important. While offbeat getaways are becoming popular, connectivity is an important factor as well. Secluded properties that offer privacy, but also offer basic connectivity will work the best. If there are accessibility issues, guests expect the property owner or managing firm to assist. 
  • When we speak of experience, we do not mean just the rooms. Everything about the property matters. In the era of Instagram and consistent travel vlogging, you have to work on some vanity metrics too. Well maintained property, beautiful grounds, gardens, and a view can boost the value of the vacation rental. 
  • Last but definitely not least, the properties must be clean to a fault. The pandemic has heightened everyone’s views on cleanliness and contamination, so ensure you have this down to a pat. 

Are you interested in being a part of the new era of vacation rentals, but are not sure how to begin? Connect with the Saffronstays team, and we would be happy to help you. 

Unlock The True Potential of Your Dead Asset

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“Home is not a place… it’s a feeling.”

This quote beautifully sums up all the efforts that go into making a home that reflects the owner’s essence. Often, the home that you live in, is not your dreamscape due to various constraints presented by the cities. Hence, people resort to building their vision of a home in offbeat places. Building a vacation home requires meticulous plannings, commitment and months of struggles. But by sheer grit and determination, the vision for your second home becomes a reality.

SaffronStays L'Attitude, Kamshet

Well, the story doesn’t end with the masterpiece created. Constant maintenance, upgrades, managements, and operations follow, which might seem like mild tasks but are big responsibilities. The maintenance of the vacation home in a remote location becomes an inconvenience while keeping up with a busy life and often takes a backseat. It just doesn’t seem fair that the home built with such great care gets neglected. That is where SaffronStays comes to your rescue. A micro-hospitality startup, SaffronStays, exclusively styles, manages, brands and markets vacation homes of HNIs to discerning Indian families as getaways.

SaffronStays Vacation Home Network

Join the SaffronStays Vacation Home Network and turn your prized possession into a real investment. The Vacation Home Network is an exclusive, by-invitation-only club, where your beautiful vacation home can unlock the door to this prestigious network.

SaffronStays Elfreda, Vikramgad

Benefits of Vacation Home Network

More and more people now prefer homestays to the monotonous hotels making this an ideal time capitalise on this momentum and monetise your holiday abode. Watch your home become an earning member while you spend family vacations in homes across the network. The revenue share model also ensures that you get a bigger piece of the pie while the hassles of renting it falls on SaffronStays.

Right from Hospitality Operations to Reservations and Branding, SaffronStays will handle so that you can rent out your home stress-free. The training and supervision of the staff as well as the home will be carried out by SaffronStays. The constant supervision also decreases the possibility of misusing the home.

But, are there any added benefits? Absolutely!
a) The vacation home automatically gets you into the exclusive Club, as a First Family member (to be launched soon).
b) You can also boast about the esteemed guests that you might host in your home.
c) Or, you can also dine off the story of your home being lauded by celebrated travel and lifestyle magazines!

So, sit back, relax and reap the benefits.

Even with all the benefits, apprehensions about giving the home to complete strangers persists. What kind of people will stay in my home? Will the guests respect my home and its belongings? Will my home be safe in the hands of strangers? All these questions regarding your precious home keep buzzing. But, hold on, we at SaffronStays have a solution for that too. The pre-screening of guests will avoid any conflict of interests. It will ensure that like-minded guests who will treat your home as their own, will get the confirmation.

If you would like to see your vacation home in a trusted pair of hands – SaffronStays is the place to go. Write to us at partner@saffronstays.com and we will call you back. Or just click here – https://saffronstays.com/partner

About SaffronStays:

SaffronStays is a micro-hospitality collective, operating a network of over 40 leisure homes, all hand-picked and curated for an enhanced travel experience. Set in untouched and tranquil locales, the lavish stays bring with them the warmth and comfort of a home, while maintaining the standards of a hotel.

Starting out simply as a platform offering homestays, today, SaffronStays partners with privileged owners of second homes to offer patrons a comfortable holiday experience. With SaffronStays, vacations will always be enriching experiences that bring families together and fill one’s soul with happiness! Featured by various esteemed media outlets like the The Times of India, The Economic Times, Business Standard, National Geographic Traveller, Lonely Planet, Outlook India , Little Black Book, HomeGrown, and many more, SaffronStays has established its presence in the hospitality industry.