Are you a prospective or existing condo owner with dreams of venturing into the booming condo staycation business? Itching to launch a condo staycation business but need to know how to start?
While you have the desire and resources to invest in the perfect unit, your inexperience and fears in this business are holding you back. Besides having no experience in real estate and lodging, you’re a person who shies away from sales and marketing.
Don’t let your dream die down because of these challenges. In this article, we will provide tips and insights on buying the ideal space for your condo luxury stay business and designing and marketing your unit to kick-start your enterprise.
Staycation Rental: A Hot Investment Opportunity
Staycations have become increasingly popular in recent years. These are affordable and practical ways for individuals and families to relax and unwind without leaving the comfort of their city or region. As an aspiring real estate owner of a resort condo, this presents an exciting investment opportunity to generate passive income while maximizing the use of your property.
But just like in any business, renting out your dream resort condo as a staycation haven requires many activities to ensure success. Aside from careful planning, you also need to acquire challenging business skills.
This article explores how to pick the perfect resort condo unit to make it your staycation business.
Location and Accessibility
Opt for a condo with easy access to the best attractions and amenities. Whether it’s the vibrant entertainment spots or local cultural landmarks, proximity to these attractions will enrich your lodgers’ staycation experience. They’ll love exploring nearby sites and coming back to your cozy and comfy condo for a good night’s rest.
Moreover, you need to ensure convenient access to public transportation. This feature will allow them to go on a hassle-free exploration of nearby destinations.
Resort Facilities and Amenities
A staycation is only complete if it has luxurious facilities and amenities within a resort condo. Not only these features will make your lodger’s staycation experience packed with activities, they will also make their stay memorable for the whole family.
As such, look for properties with multiple recreational options, such as large swimming pools, modern fitness centers, rejuvenating spa services, and sports facilities like tennis and basketball courts. Family-friendly amenities, such as well-equipped playgrounds, game rooms, and kiddie pools, ensure your lodgers have an affordable staycation in Manila with a pool.
Unit Size and Layout
Selecting the right unit size is crucial to ensure you provide a comfortable staycation experience. Consider the number of guests you wish to serve in your unit and opt for a condo that offers sufficient sleeping arrangements without feeling crowded. Remember, some of your would-be customers aim to secure a quiet time and get a good night’s sleep.
Another idea is to seek a well-designed layout with a balcony showcasing stunning views. This feature adds an extra touch of luxury to your staycation. Moreover, look for units equipped with fully furnished kitchens and dining areas to prepare and enjoy meals in the comfort of your lodgers’ space.
Safety and Security
Prioritize the safety and security during your lodgers’ staycation by choosing a resort condo with robust security measures. Look for properties with 24/7 security personnel, surveillance systems, and secure access points to common areas and elevators. Ensure the resort complies with strict fire safety measures and has established emergency protocols for peace of mind.
Guest Reviews and Recommendations
Before finalizing your resort condo selection, do your due diligence by researching online reviews and testimonials from previous guests. Real-life experiences shared by guests who stayed in the property provide valuable insights into the quality of the resort’s amenities, services, and overall guest satisfaction.
Seek recommendations from friends and family who have had a delightful staycation experience in the area to gain trustworthy and firsthand information. You can also use their feedback to improve the stay of your future customers.
Providing an Amazing Condo Stay Experience
Assuming you have already picked a suitable unit, you now need to convert your unit into a condo resort. Transforming your condo into a hot staycation spot is a beautiful way to create a relaxing and enjoyable escape in your home. Here are some tips to provide your guests with an unforgettable condo city staycation destination:
Create a Cozy and Relaxing Ambiance
Set the mood for a vacation condo stay by creating a cozy and relaxing ambiance. Use soft, comfortable furnishings, plush pillows, and warm throws to make your living space inviting. Consider incorporating soothing scents and soft lighting to enhance the atmosphere and promote relaxation.
Upgrade Your Bedding and Linens
Invest in high-quality bedding and linens to make your bed a luxurious haven. Crisp, clean sheets, fluffy pillows, and a comfortable mattress can significantly elevate your staycation experience. Dress your bed with blankets and throw pillows for added comfort and style.
Add Greenery and Nature-Inspired Décor
Bring the outdoors inside by adding greenery and nature-inspired décor elements. Indoor plants add a touch of freshness to your space and contribute to a sense of tranquility. To create a calming environment, consider incorporating nature-themed artwork, prints, or even a minor indoor water feature.
Set Up a Relaxing Reading Nook
Designate a corner or nook for reading and relaxation. Place a comfortable armchair or chaise lounge, a small side table, and a collection of books, magazines, and other reading materials. This cozy reading spot will provide a perfect retreat for your lodgers.
Create a Mini Home Spa
Transform your bathroom into a mini-home spa with scented candles, aromatic oils, and plush towels. Consider investing in a luxurious bathrobe and pampering bath products to enjoy a spa-like experience without leaving your condo.
Upgrade Your Entertainment System
Enhance your entertainment system to elevate your staycation experience. Invest in a high-quality sound system, a large TV, or a projector for movie nights. Access to popular shows, movies, and music will entertain your guests during their downtime.
Set Up an Outdoor Space
If your condo has a balcony or terrace, transform it into a cozy outdoor space. Add comfortable seating, string lights, and outdoor plants to create an inviting alfresco area for relaxation and fresh air.
Promoting Your Condo Accommodation Business
No matter how appealing your condo is, it would help if you still market it to attract potential guests. Here are some practical tips to promote your unit as an irresistible holiday haven:
Professional Photography and Virtual Tours
Invest in professional photography to showcase your condo’s best features. High-quality images will capture the attention of potential guests and give them a glimpse of the inviting ambiance. Consider creating virtual tours allowing guests to explore the space from their homes.
Highlight Unique Features
Identify the unique selling points of your condo and highlight them in your marketing materials. Whether it’s a breathtaking view, a private pool, a well-equipped kitchen, or proximity to popular attractions, emphasize what sets your condo apart from others in the area.
Engaging Website and Listings
Create an appealing and user-friendly website for your condo. Include detailed descriptions, attractive images, and a booking system to make it easy for potential guests to plan their stay.
Another excellent option is listing your condo on the following popular vacation rental platforms with engaging descriptions and competitive rates.
Here are seven websites where you can list your condo for a staycation:
- Airbnb – specializes in booking apartments, rooms, and condos for accommodation for domestic and international tourists.
- Agoda – one of the world-leading sites for travelers who want packaged flight booking and accommodation.
- Booking.com – offers a one-stop-shop for booking flights, accommodation, car rentals, and tourist attractions for a complete travel experience.
- Facebook Marketplace – the social media giant’s venue for businesses and booking.
- Homestay – the online spot for choosing lodging that act as home away from your home
- Trivago – specializes in comparing apartments, condos, and hotels for an intelligent choice.
- Vrbo – as an acronym for Vacation Rentals By Owner, it focuses on providing intimate experiences for couples and families away from home.
Emphasize Amenities and Facilities
Showcase the amenities and facilities available in and around your condo. Whether it’s a fitness center, swimming pool, game room, or access to nearby beaches and entertainment options, highlighting these features will entice guests seeking a memorable staycation.
Create a Social Media Presence
Utilize the power of social media to market your condo as a hit staycation spot. Share stunning images, guest testimonials, and upcoming events or promotions updates. Engage with your audience by responding to inquiries promptly and posting relevant content.
Offer Packages and Special Deals
Attract more guests by offering attractive staycation packages and special deals. Consider partnering with local businesses to provide discounts on nearby attractions or dining options. Limited-time offers, and early-bird promotions can also create a sense of urgency for potential guests to book their stay.
Incorporate Guest Reviews and Testimonials
Positive guest reviews and testimonials can significantly influence potential guests’ decision-making process. Feature reviews and testimonials on your website and listings to build trust and confidence in your condo as a top-notch staycation spot.
Host Virtual Events and Experiences
Organize virtual events or experiences that guests can participate in during their staycation. The activities could include online cooking classes, fitness sessions, or virtual tours of nearby landmarks. Such experiences will add value to their stay and make it more memorable.
Collaborate with Influencers
Partner with travel influencers or bloggers with a significant following in your target audience. Their endorsements and reviews can reach a broader audience and attract potential guests to your condo.
Prioritize Cleanliness and Safety
In the current climate, cleanliness, and safety are paramount to guests. Ensure your condo is thoroughly cleaned and sanitized before each stay. Implement safety protocols and communicate them to potential guests to instill confidence in their staycation experience.
Choose DMCI Homes for Your Dream Condo Getaway Business
Engaging in a vacation condo business is a lucrative and rewarding venture. Following the tips above, you can create a sought-after vacation destination that attracts a steady stream of guests seeking unforgettable condo holiday staycation experiences.
By knowing how to choose the right condo, converting it into an appealing getaway nook, and promoting it to your ideal guests, you can unlock the full potential of your resort condo as a prime staycation destination.
Choose a luxurious but affordable condo like the Oriana by DMCI Homes. Located along Aurora Boulevard in the heart of Quezon City, this development project has all the features of an ideal condo weekend or holiday stay, including:
- Resort-style Amenities
- Modern and Functional Unit Designs
- Safety and Security
- Green Spaces
- Strategic Locations
- Quality Construction
- Property Management Services
- Pet-friendly Policies
- Sustainability Features
Start your condo staycation business now. Contact a DMCI Homes representative today to embark on this profitable and exciting venture!