Luxury Vacation Rental Education Program Launched

SCOTTSDALE, Ariz., Oct. 9, 2018 /PRNewswire/ -- LuxHomePro, a national leader in short-term luxury vacation rental business training has launched the Profit Formula professional education program. This comprehensive online training program equips new entrants into the vacation rental industry with detailed knowledge about finding, marketing and operating vacation rental properties. Those interested in registering for the Profit Formula training may register online at http://www.luxhomepro.com/.

Changing consumer behavior is rapidly altering the travel industry as millions of travelers shift from hotels to private homes and apartments as their first choice for accommodations. This shift in consumer behavior is transforming a cottage industry into a major travel industry niche with increasing regulatory, financial, marketing and customer care demands. Because the vacation rental market is emerging rapidly, it will remain in flux for some time. Today, only a handful of professional operators understand best practices.

LuxHomePro co-founder Dave Bynum, says that "as more and more people seek to get into the business, regulatory complexity is increasing. Neighborhoods, HOA's, cities and states are all grappling with how to regulate the increasing number of properties being run as short-term rentals." Therefore, people getting into the market now must be prepared to professionally manage properties.

Jerry Conti, co-founder of LuxHomePro, notes that "competition is increasing among operators in high-demand locations like Scottsdale and Miami Beach, as would-be operators flock to these markets and secure the best properties." Since a finite number of attractive properties exist in each "destination market," competitive advantages are becoming more important.

In response to the increasing need for professional training for the vacation rentals business market, LuxHomePro has designed the most comprehensive training program available. The Profit Formula program was designed by professional educators, based on the operational experience of LuxHomePro co-founder David Bynum, one of the most successful multiple property operators in the vacation rental industry. This online program is comprised of four Pillars – Selecting the Right Property; Acquiring control of a property; Prepping/Outfitting a property; and Marketing a property successfully.

About LuxHomePro

LuxHomePro is an Arizona Corporation that provides education, training, advisory and operational services in the luxury vacation rental niche of the peer-to-peer lodging industry. For more information about LuxHomePro events and services, please contact Jerry Conti at 888-589-7760 or via email at [email protected].

SOURCE LuxHomePro

Related Links

http://www.luxhomepro.com