VRMB Team

Business Challenges: Insurance, Airbnb Disruption, Industry Exits

The following are snippets of private conversations in VRMB Community. Not a member? Join here.

+ What do companies use that don’t have employees and standard workman’s comp? Brenda needs your suggestions for basic insurance like if a team (consultants not employee) hurts their back lifting a delivery or our pre-stay inspection team leaves a window open and the house is robbed. "I can’t really think of many scenarios where we would need coverage but don’t want to learn the hard way."

+ Airbnb's co-host network is disrupting things in the professional vacation rental space. Eddie is asking "For those who manage homes for other homeowners (i.e. a traditional property management model) what do you think will be the consequences of this? Is this a great opportunity to add more inventory or a wrench thrown into listing-site-independence dreams? Does anyone have any experience with this yet?"

+ A post from Jan about the prohibitively challenging job of operating her vacation rentals in Bowen Island and the decision to exit...has prompted a similar kind of news from Jim Prugh about his departure from the industry.

The above threads highlight key industry challenges - from contractor insurance needs to Airbnb's co-host disruption to veteran exits. Whether you're just starting out or winding down your vacation rental journey, VRMB Community is where owners find support and solutions. Not a member? Join here.
 

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