Author
Author

Richard B. Evans

President of Revenue Report Card LLC & Author of “the Definitive Study of Vacation Rentals”

Richard B Evans

Mr. Evans has been an executive hotelier for over 25 years. He obtained the following certifications: Hotel Administration, Hotel Accounting Executive, Revenue Management Executive and has completed the Advanced Cornell Revenue Management Certification. He has served hotels, condo-hotels and vacation rental companies as Asset Manager, CFO, General Manager and Revenue Director. As a leader in revenue management he has chaired revenue management seminars at the University level as well for a hospitality related conferences. As a recognized expert in Condo-Hotels and Vacation Rentals he has provided testimony in US courts in related cases. “The Definitive Study of Vacation Rentals” has been authored by Mr. Evans and is available on Amazon.com at http://amzn.to/2lRq5Cp . As a Blogger Evans created and maintains the site http://condohotelanswers.wordpress.com/. He is also a frequent columnist for HospitalityNet.Org and other Hospitality news sites and magazines.

Insights by Richard B. Evans (35)

Spot Check your Vacation Rental Reservation Platforms

Vacation Rental Channel Management Programs have come a long way. Still, some have a ways to go.

Vacation Rentals turn to Smart Technology to Monitor Operations

As vacation rentals continue to boom, companies are turning to smart technologies to streamline and monitor their operations. As anyone that has been in the hotel business knows, at times even well run properties encounter difficulties with guests, entrance locks and staff.

What to look for in a Vacation Rental Property Management System

Much of what is sought when purchasing a Vacation Rental Property Management System rivals features offered by hotel Property Management Systems…. but there are some vast differences that are unique to the Vacation Rental industry.

Unique Revenue Types in the Vacation Rental Industry

As time marches on, vacation rental companies continue to establish their own unique set of metrics and financial profit margins. Over the years traditional hotels have enjoyed an average Gross Operating Profit (hereafter "GOP") margin of 32.

How USALI Rules affect Hotels that add a Vacation Rental Component

Changes in USALI (Uniform System of Accounts in the Lodging Industry) financial reporting rules alter hotel metric reporting when vacation rental / residential components are added to hotel properties.
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