• News
    • VRM Intel News
    • Latest News
    • Sponsor News
  • COVID-19
  • Marketing
  • Tech
  • OTAs
  • Customer Service
  • Regulations
  • Business
  • Housekeeping
  • Subscribe
  • More
    • Calendar of Events
    • VRM Intel Live!
    • Reports Login
    • VRM Intel Magazine
    • Advertise
    • Authors
    • About Us
    • Contact Us
VRM Intel
  • News
    • Arizonans for Responsible Tourism Pregame Prep Campaign
      Arizonans for Responsible Tourism Hosts Super Bowl Preparedness Campaign for Vacation Rental Operators
    • vacation-rentals-housing-vrm-intel
      Carrots and sticks: Vacation rentals and the creation of affordable, workforce housing
    • Woman dropping off a ballot
      2022 Election Results of Vacation Rental Ballot Measures
    • Recession-Proofing Your Vacation Rental Business
    • How to Increase Your Occupancy in a Competitive Market through Monthly Rentals
    • VRM Intel News
    • Latest News
    • Sponsor News
  • COVID-19
    • Recession-Proofing Your Vacation Rental Business
    • 2022 Vacation Rental acquisitions from AvantStay, VTrips, Vacasa, Meredith, and more
      Who Sold? Here’s What We Know: 2022 Vacation Rental Management Acquisitions
    • 2021/2022 Ski Destinations Showing Big Performance Gains in ADR and RevPAR for Vacation Homes and Condos
    • “It’s like a short-term rental regulation pandemic.” 2022 Spring Vacation Rental Regulatory Trends + Fall Outlook
    • HR 2022: Attracting Today’s New Workforce after the Resignation Tsunami and the Great Renegotiation
  • Marketing
    • Recession-Proofing Your Vacation Rental Business
    • How to Increase Your Occupancy in a Competitive Market through Monthly Rentals
    • board meeting in presentation room
      Tourism Boards and DMOs Offer Seat at the Table for Vacation Rentals
    • Geotargeting & SEM: A How-To Guide on Spending Less & Getting More
    • All About the Data: Predictive Indicators with Jason Sprenkle
  • Tech
    • Recession-Proofing Your Vacation Rental Business
    • Geotargeting & SEM: A How-To Guide on Spending Less & Getting More
    • All About the Data: Predictive Indicators with Jason Sprenkle
    • PriceLabs Announces $30 Million Investment from Summit Partners
    • Ximplifi Adds Owner Portal to Automation Suite for Short Term Rental Accounting
  • OTAs
    • How to Increase Your Occupancy in a Competitive Market through Monthly Rentals
    • Blue Star Acquires Majority Stake in TravelNet Solutions
    • Vacation Rental Data and Revenue Management Conference, DARM 2022, Nashville
      Sessions Details for Upcoming Vacation Rental Data and Revenue Management (DARM) Conference: Livestream/Video Tickets Available
    • Vacasa (VCSA) Stock Falls as Lock-up Period Expires
    • 4 Ways to Stand Out in a Crowded Market: Get Your Brand & Listings in Front of Potential Guests
  • Customer Service
    • Why Not A Hotel? A Guest and Homeowner’s Perspective: There’s No Place Like Home … Or Is There?
    • Leading Proptech Company Guesty Appoints David Aber as CFO
    • Meredith Hospitality Brands Inc. Expands to Mt Hood with Acquisition of Mt Hood Vacation Rentals
    • View of Waikiki from Diamond Head Park, Honolulu, Hawaii
      Honolulu City Council Bans Stays Under 90 Days Across Oahu
    • Are you a Visionary without an Integrator at Your Vacation Rental Management Company?
  • Regulations
    • vacation-rentals-housing-vrm-intel
      Carrots and sticks: Vacation rentals and the creation of affordable, workforce housing
    • Woman dropping off a ballot
      2022 Election Results of Vacation Rental Ballot Measures
    • voters at a polling center voting
      Dozens of Vacation Rental Ballot Measures Heading to Voters this November
    • board meeting in presentation room
      Tourism Boards and DMOs Offer Seat at the Table for Vacation Rentals
    • Arizona state flag outside the legislature buildings at the state capitol
      Arizona Legislature Passes Measure to Restore Some Power to Cities
  • Business
    • Recession-Proofing Your Vacation Rental Business
    • Geotargeting & SEM: A How-To Guide on Spending Less & Getting More
    • All About the Data: Predictive Indicators with Jason Sprenkle
    • PriceLabs Announces $30 Million Investment from Summit Partners
    • Ximplifi Adds Owner Portal to Automation Suite for Short Term Rental Accounting
  • Housekeeping
    • Why Not A Hotel? A Guest and Homeowner’s Perspective: There’s No Place Like Home … Or Is There?
    • Analysis: “Reinventing” Vacation Rental Management by Alex Nigg
    • HR 2022: Attracting Today’s New Workforce after the Resignation Tsunami and the Great Renegotiation
    • Safety First: Evaluating and Addressing Safety Risks at Your Vacation Rentals
    • The Importance of the Guest Experience within Vacation Rental Operations: From the Back of the House to the Front
  • Subscribe
  • More
    • Calendar of Events
    • VRM Intel Live!
    • Reports Login
    • VRM Intel Magazine
    • Advertise
    • Authors
    • About Us
    • Contact Us
  • RSS

Business

Identifying, Hiring, and Inspiring Your Team in a Post-Pandemic World

Identifying, Hiring, and Inspiring Your Team in a Post-Pandemic World
mm
Steve Trover
February 11, 2021

If you’ve been in this game for any time at all, you’ve likely been asked the question, “So how did you end up in the vacation rental industry?” 

Because I can’t help but use a little sarcasm in my humor, my standing start to the answer is always, “Well, right after I graduated with my degree in vacation rental management . . .” 

The reality is that there is no obtainable degree. It’s an industry and a career path that most have fallen into by chance. While there are many ways to get here, there’s a common thread among those who stay. This vacation rental thing gets in your blood. 

That’s why this year has been one of the biggest challenges for so many in our space. The ups and downs of 2020, and the apparent extension of said challenges into 2021, have made keeping one’s passion for this industry challenging for many. 

On a macro level, the global shutdown and economic problems that the COVID-19 pandemic caused have led to vast unemployment across the US. By early April, more than 310 million Americans were on lockdown at home, over 30 million had filed initial unemployment claims, and the unemployment rate had risen to a record high of 14.7 percent. Businesses worldwide faced a sudden onset of significant challenges and changes that required a strategic plan for survival during and after the pandemic. 

Nearly nine months into the pandemic, we see many glimpses of hope on the horizon. Air travel in the US reached its post-March peak the day before Christmas, with over 1.1 million Americans passing through checkpoints. Millions of people took long-anticipated road trips to nearby destinations to celebrate the festive season with friends and family. Americans are traveling, and the shift in their market and travel behavior is placing them in your vacation rental homes rather than public hotels. While this shift is ideal for our industry, there is more pressure to perform than ever before. 

 

A Talent Paradigm Shift 

COVID-19 changed the way we work overnight, and we need to change our thinking and keep up with the ever-evolving market. The vacation rental industry has not only shifted because of the pandemic but also matured and reached a new level. Property managers have used this time to adapt, reassess their work models, create a strategic survival plan, and find innovative ways to keep their heads above water. 

Work trends changed considerably and have been reset for the foreseeable future. In many cases, companies are replacing full-time employees with contingent workers and freelancers for flexibility. 

Remote workers, telecommuting, digital nomads, online roles, and automation are on the rise, and Zoom meetings are the preferred form of office communication. The pandemic has also brought a shift in employee expectations with a focus on flexibility and a healthy work–life balance. 

As a general rule, vacation rental managers have been historically hesitant to allow for remote workers. Now that many are forced to work in this manner, managers are starting to see the benefits. Offering remote roles significantly increases the level of talent available for a specific function. 

While many hands-on positions such as housekeeping and maintenance are impossible to do remotely, positions in reservations, marketing, accounting, and even business development can all be done via the internet and the now ubiquitous Zoom meetings. 

As with remote workers, many managers had been hesitant to hire individuals who worked at other vacation rental firms because they were concerned the workers had “bad” experiences or were not trained professionally. 

There has been a significant shift in this thinking as the industry evolves and ages. There are tens of thousands of experienced professionals who bring years of experience along with their passion for the industry. 

No, there is no obtainable degree for our industry, and finding the right talent is challenging. Still, there is a silver lining to the COVID-19 layoffs and cutbacks: a labor pool of talented, experienced, and resilient professionals with a new set of skills and a fresh approach. 

 

The Best Teams Win 

Finding and building the right team can be time-consuming, challenging, and often overwhelming. The competition for talent is fierce, and connecting the right candidates with specific roles within your company is no easy task. 

Whether you tap into the existing vacation rental talent pool or reach out to the extended hospitality industry, there has never been a greater time to build a team. It is essential to have a well-designed talent strategy that aligns with the business’s objectives and goals. 

Throughout all the challenges and changes of recent times, one truth still holds—the very best vacation rental companies have the very best teams. Whether your company is already the market leader or is striving to be one, the best investment of time and resources you can make in 2021 is to identify, hire, and inspire the very best. 

 

 

Related ItemsbusinessCOVID-19post-pandemicproperty managementVacation Rental industryVacation rentalszoom
Click to add a comment

Leave a Reply

Cancel reply

Your email address will not be published. Required fields are marked *

Business
February 11, 2021
mm
Steve Trover

Steve has been immersed in the vacation rental (VR) industry since 1997. He has been involved in most aspects of VR, including marketing, management, business development, product development, architectural design, interior design/decor, and VR software. He spent time on the board of several industry associations, including five years as vice president and then president of the Vacation Rental Management Association. More recently, his focus has been on the people side of the business as a cofounder of Laveer & Co., a consulting and recruiting firm focused on helping companies identify, hire, retain, and inspire the best teams in the industry. Laveer & Co. offers executive search, talent optimization, and psychometric and cognitive testing as a certified partner with the Predictive Index. He resides in Orlando, Florida, with his wife Holly and their four children.

Related ItemsbusinessCOVID-19post-pandemicproperty managementVacation Rental industryVacation rentalszoom

More in Business

Recession-Proofing Your Vacation Rental Business

Sarah DuPreOctober 18, 2022
Read More

Geotargeting & SEM: A How-To Guide on Spending Less & Getting More

Jill Highsmith McGeeAugust 18, 2022
Read More

All About the Data: Predictive Indicators with Jason Sprenkle

Rebecca LombardoAugust 16, 2022
Read More

PriceLabs Announces $30 Million Investment from Summit Partners

VRM Intel StaffAugust 5, 2022
Read More

Ximplifi Adds Owner Portal to Automation Suite for Short Term Rental Accounting

VRM Intel StaffAugust 4, 2022
Read More

Blue Star Acquires Majority Stake in TravelNet Solutions

Amy HinoteJuly 26, 2022
Read More
Scroll for more
Tap

Sponsor News

  • Recession-Proofing Your Vacation Rental Business
    BusinessOctober 18, 2022
  • How to Increase Your Occupancy in a Competitive Market through Monthly Rentals
    Industry News for Vacation Rental ManagersSeptember 16, 2022
  • PriceLabs Announces $30 Million Investment from Summit Partners
    BusinessAugust 5, 2022
  • Ximplifi Adds Owner Portal to Automation Suite for Short Term Rental Accounting
    BusinessAugust 4, 2022
VRM Intel
Calendar of Events
Videos & Whitepapers
VRMintel Magazine
Subscribe
Advertise
About Us
Authors
Contact Us

Recent News

  • Arizonans for Responsible Tourism Pregame Prep Campaign
    Arizonans for Responsible Tourism Hosts Super Bowl Preparedness Campaign for Vacation Rental Operators
    Industry News for Vacation Rental ManagersJanuary 18, 2023
  • vacation-rentals-housing-vrm-intel
    Carrots and sticks: Vacation rentals and the creation of affordable, workforce housing
    Industry News for Vacation Rental ManagersDecember 6, 2022
  • Woman dropping off a ballot
    2022 Election Results of Vacation Rental Ballot Measures
    Industry News for Vacation Rental ManagersNovember 11, 2022
  • Recession-Proofing Your Vacation Rental Business
    BusinessOctober 18, 2022

View Current Issue

VRMintel Copyright © 2016-17 | Click HERE to Subscribe | Privacy Policy | Disclaimer | Copyright | Jobs | Facebook | Twitter | LinkedIn

Technology in 2021 and Beyond: Vacation Rental Tech Leaders Predict the Future
Fast Growth at Homes & Villas by Marriott International

xxx videos

  • mamadas
  • redwap
  • free porn
  • porno gratis