Vermont South

Victoria 3133

6

3

2

Holiday Traveler

Melbourne

Property & Ownership Overview

Fang is a young entrepreneur with business interests in both Australia and China. He owns a vacation home in Australia that his family uses when they visit. Unfortunately, because of the pandemic and travel restrictions, the property has been empty since early 2020. To make the most of his property and earn some rental income without needing to be very involved, Fang started looking into management options that could help take care of the home and generate revenue when it’s not being used.

Key Issues Faced

Managing from Afar While Living Overseas:
Make sure everything runs smoothly with property management while Fang and his family can't return to Australia.
‍Getting the Most Out of Rental Property with Little Effort:
‍Manage the property with minimal effort when it is not used often to increase rental income.
Longer Booking Requirements:
Requiring a minimum stay of 21 days for each booking will help keep the number of guests low. This will also reduce frequent check-ins and check-outs.

Outcome We Delivered

Before KozyGuru took over the property, it was sitting empty because of travel restrictions. Since their management, the property has enjoyed high levels of occupancy, with more visitors staying for longer periods. In 2020, the occupancy rate was 90%, and it increased to 93% in 2021.

Guests typically stay for about 35 days at a time, which matches what the owner wanted.

How we can help

Boost Bookings with Multi-Platform Exposure:
‍Advertise the property on several websites to reach more potential guests.
Streamlined Stays with Long-Term Booking Strategy:
Make a thorough online listing for the property, ensuring that guests stay at least 21 days to limit the back-and-forth of check-ins and check-outs.
Partner with Insurance Providers to Expand Reach:
Work together with insurance companies to offer housing choices for their clients.
Peace of Mind Through Professional Property Management:
Offered worry-free property management to Fang and his family, allowing them to feel secure while they were away from Australia.

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