In the old days, luxury house rentals didn’t exist. If someone wanted luxury accommodations, they would go to a five-star hotel. Now, with websites that cater to individuals looking for a more private setting and homeowners who can use short-term rental properties as a source of income, luxury home rental is on the rise. Here’s what people are looking for in a luxury house rental:
Luxury rentals are in high demand in all areas and markets. Certain destinations and locations that cater to VIP clientele have a market with more demand. The Vail Valley is just such a destination. Known as one of the premiere ski areas in the world, Vail draws people from all over the globe. They seek the one-of-a-kind experience they’ll get when they come to Colorado.
There are all kinds of houses for rent in the Vail area, in all price ranges. So what sets a luxury rental apart from the rest? For starters, it’s the house. You can’t have a small house with basic fixtures and no upgrades and expect to get top dollar from renters. The house has to be in an upscale community with lots of space, a view, a high-end kitchen, state of the art electronics, WiFi, access to a pool or spa and fitness facility, elegant fixtures and luxury linens. A house that doesn’t fit this description may still get plenty of renters. However, it isn’t a luxury home and won’t demand the higher rental fees that go with it.
The Extras of Luxury House Rentals
Renters who are paying high prices for a luxury house rental expect to get more than just a place to stay. They expect the extras. This can be the use of a luxury car during their stay, a fully stocked bar, a stocked kitchen, a personal chef and concierge service. The concierge service is a must-have in the luxury house rental market. Renters want the ability to call someone who can make restaurant recommendations and reservations. Also, they want help to arrange outings, tours, and excursions, secure concert tickets, and arrange for ski equipment and lift tickets. This can make the difference between returning to your house on future visits and or going elsewhere where they can get all those extras.
People now have many ways to find and rent accommodations for vacations and short-term stays. Furthermore, with the slew of websites geared toward private home rental, expectations have risen in recent years. This includes expectations for luxury rentals. Think your home in the Vail Valley would be an excellent luxury rental? Be sure you are offering what they want. Furthermore, make sure you have the right management company in place to take care of those clients when they choose your home.
For the best luxury house rental management in the region, contact our team of pros at Fireside Properties.