When a
problem, identifies a perfect solution, an opportunity is formed. One
such opportunity formed while solving a problem is the holiday
rentals. People who look for resourceful ways to travel around the
globe, considered holiday rentals as a blessing. On the other side of
this spectrum, people who had a villa, a house, an apartment or even
an unused living space wanted to earn renting it out to such
travelers. Many business ventures wanted to tap into this exciting,
two-sided marketplace. One such name that revolutionized the holiday
rentals is Airbnb.
Airbnb
Airbnb
is an online community marketplace that helps connect travelers with
the hosts. The hosts will list and rent out their unused living space
and the travelers can browse through various listings and book their
desired accommodations. Airbnb has its reach in around 192 countries
worldwide and has catered to budget-conscious tourists to business
travelers who seek a unique and different experience. The company is
valued around $25 billion dollars, making it more valuable than many
established names in the hotel industry.
Major
Factors That Can Help In Creating A Successful Holiday Rental Website
The
holiday renting marketspace is a highly competitive environment and
its popularity is on the rise every year. There are important factors
that decide whether your holiday rental website can sustain the
competition and succeed beyond expectations.
- Reach out to untapped Marketspace
This
may raise many eyebrows as many of us are aware that holiday rental,
is already a crowded marketspace. But the exciting and fascinating
feature of this two-sided marketplace is that there is still room for
business opportunity as new segments of this market are discovered
constantly. Do a thorough research, define your target segment and
identify the opportunity that waits for you to make use of it.
- An interactive Site that is easy to Use
An
efficient and user-friendly site helps both the hosts and the
travelers, as the former is able to list the property and the latter
is able to book the accommodation hassle-free. A flashy and intricate
website may create a lot of doubts and the trust factor reduces
considerably.
- A Steady Financial Strategy
The
last thing you need as an upcoming successful venture is to fall into
a financial pitfall. Devise a foolproof financial strategy that
includes the break-even analysis, revenue estimations, sales and
expense forecasts, the cash flow and a contingency plan for
less-than-ideal situations
- Reasonable Pricing Strategy
Having
a pricing strategy that is clear and beneficial to you as the web
admin, the hosts and the travelers who use your site, will help in
creating a frictionless relationship among all three and goes a long
way in contributing to the success of the website.
- Uninterrupted Operation
A
two-sided marketplace works on the basis of harmonious operation
round the clock. Make sure the website is run by the state-of-art
technologies that ensure an uninterrupted service.
- A Marketing Strategy that involves customers
Nothing
works as well as a customer's review and rating in promoting a
website that is service oriented. Create multiple platforms for your
customers to voice their thoughts. Adding this strategy in your
marketing plans helps your website to have a strong social media
presence.
Creating
a perfect website mirroring the salient features may be a tedious
job, which will cost a lot and time consuming. A perfect solution to
this problem was the creation of various clone scripts. A clone
script is a successful replication of a mobile or web application
that matches the functionality and design of the original.
Agriya's
Burrow – The perfect Airbnb Clone Script
Agriya's
Burrow, an Airbnb clone script stands apart from other clone scripts
with its excellent features and functionality. This Airbnb clone
offers radical solutions keeping in mind all the required parameters
to succeed like and beyond Airbnb. Burrow covers all the major
factors that require in powering a holiday rental website. Its
built-in features and a proven revenue model, enables you to be
operational and start earning as soon as possible.
Conclusion
Hard
work has no substitute and guarantees success in the long run, but
smart work makes sure you attain your success goals much earlier.
Choosing an established and functioning clone script like Agriya's
Burrow to power your holiday renting website is a smart move executed
perfectly!