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Index
I. Introduction
What Makes This Book & System Different?
How Great Guest Experience Makes You the Most Money
The Voice of the Guest
Why a Vacation Rental Goldmine?
How to Use the Book & Goldmine Toolkit
Chapter 1 – Create a Vacation Rental Marketing Plan
What Are Your Vacation Rental Financial Goals?
How Developed is Your Rental Market?
What’s Great about Your Vacation Rental Property?
What Sets Your Property Apart From the Competition?
What Could Be Better About Your Property?
What Types of Guests Do You Want to Attract?
How Are You Pricing Your Property and Why?
Where Will You Spend Your Precious Marketing Dollars?
Gold Mining Tips
Chapter 2 – Guest Experience Really Matters!
The Changing Hospitality Industry
The Ritz Carlton Experience
What Experience Will You Create For Guests
The Phases of Guest Experience
Gold Mining Tips
Chapter 3 – Browse Listings – Draw Guests in With Experiences
Make Your Listing Stand Out
Help Your Guests Shop
Draw the Window Shoppers In
Gold Mining Tips
Chapter 4 – Choose Property – Know & Appeal to Prospective Guests
Who Are Your Prospective Guests?
Making Your Home Appealing to Guests
Gold Mining Tips
Chapter 5 – Choose Property - Create an Exceptional Listing
Using the Goldmine Toolkit Listing Planner
Planning & Taking Exceptional Pictures
Do it yourself photos or go with a pro?
Search Position Matters the Most!
Obsess About Your Listing Search Position
Gold Mining Tips
Chapter 6 – Create a Great Vacation Property Website
Why Create a Vacation Property Website?
What Should Guests Get From Your Website?
An Amateurish Website is Worse than No Website
Simple Websites Win!
How to Design Your Vacation Property Website
Create a Homepage Sketch
Sketching Out the Other Webpages
The Importance of a Good URL
Building the Site
Making Sure You Have a Great Site
Getting Found Online
Keeping In Touch With the Online Guest Experience
A Word or Two about Social Media
Gold Mining Tips
Chapter 7 – Choose Property – Vacation Property Comparison Shopping
Characteristics of Great Inquiry Responses
Evaluate Real Inquiry Responses
Creating the Standout Inquiry Response
What Is Your Guest Telling You in the Inquiry?
The Silence Can Be Deafening
Connecting with Your Guests
When to Give a Discount
Reservation Requests – Getting it all Right
When It Doesn’t Work Out
Gold Mining Tips
Chapter 8 – Booking – Make the Reservation Easy!
Stay Away from Reservation Fees
Crafting the Right Rental Agreement
The Security Deposit Dilemma
The Case to Eliminate the Security Deposit
Your Guest is Ready to Book, So What Next?
Reservation Confirmation Email
What Guests Do Before Vacation
Create a Helpful Welcome Document & Use a Hospitality App
Communication, Communication, Communication
Gold Mining Tips
Chapter 9 – Vacation - Put Your Guests First!
When Your Guests Arrive
Great Guest Experience Creates Guest Loyalty
What are Your Guests Experiencing?
What Happens When Things Go Wrong?
Gold Mining Tips
Chapter 10 – Creating Great Local Guest Experience
Ingredients for Great Local Experience
What’s the Best Way to Make it Happen?
The Rental Company Challenge
The Smaller Guys Can Do Better
Local Guest Experience is a Partnership
Finding the Right Local Partner
Local Service Selection Questions
Conduct Reference Calls With the Top Scorers
Negotiating The Best Price
The Contract
Guests Finally Arrive!
Don’t Wait For Complaints
The Emotional Connection
Send a Thank You Postcard
After the Vacation – Harvest Testimonials & Reviews
Gold Mining Tips
Chapter 11 – Using Data to Maximize Rental Income
The Goldmine Dashboard
Using the Goldmine Dashboard Data – Lies, damn lies and statistics
Are your guests happy with their vacation experience?
How many bookings could you get a year?
Are you getting enough prospective guest shoppers to maximize bookings?
Are you doing a good job converting inquiries to bookings?
Where do my bookings come from and why?
How often are my bookings reservation requests?
Where should I increase or decrease my rates?
How many returning guests do I have year to year?
Gold Mining Tips
Chapter 12 - The Financials of Vacation Rentals
Setting Your Financial Goals
Financial Planning
Planning for Expenses
Using the Planning Scenarios
How to Track Where You are Financially
Taxes & Other Fun Stuff
Gold Mining Tips
Chapter 13 - Bringing It All Together
Appendix – Using the Goldmine Toolkit
Notes
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