Furnished Luxury Homes for Visiting Executives - Listing and Management Service
Rather than live at extended stay hotels there is a need for nicely furnished smaller homes near outlying business centers where visiting executives for corporations can stay. The house will rent at a premium because the rental will include everything, including delivered meals if desired.
Attention to detail is important as well, so the home will be professionally decorated, landscaped, professionally cleaned, have a high-speed internet connection, digital television and VOIP phone so the visiting executive can make unlimited calls to their family or loved ones.
The target resident of the house is someone that is visiting for a week, a month or longer as the guest of a local corporation. This guest does not necessarily need a large house and living out of a commercial hotel can be tiring and depressing.
While one local company may not want to rent the home on a yearly basis, several local companies could share the luxury property and have the use of the home based on their level of commitment on a yearly basis. The largest renter would have priority in booking or booking needs. This will encourage the company that wants to have first opportunity to always commit to more than 51% of the year rental
Potential corporate clients are easy to locate for this business. Mailing and lead lists are available for purchase online or from brokers that will give you all the contact information for companies by size.
A good sales tool would be to focus on the HR departments of these larger companies and let the department heads stay in the property over a weekend to enjoy all the amenities, especially the catered meals.
While this is a luxury environment for the guest and comes with a host of amenities, which could be offered a-la-carte, these homes do not need to be in extremely expensive neighborhoods since very close proximity to major corporate offices is of greater importance. This would allow you to reduce the cost of acquisition and help to give you a greater profit margin when you develop your monthly package price with all of the features included.
Finally, this could be managed by one central office in the country that would manage all of the contractors, schedules and services, including paying all the bills for each property. Each property should have a live webcam on the outside of the property pointed at the front of the house so they can be viewed live on the web. This way the management company can take a quick look to make sure it still looks good but visitors will be more likely to become attached to a house they can see live.
Local luxury share home owners would pay the central office a healthy percentage of booking revenue to manage the property for them. This should be more than a local property manager would charge to keep the home on the “certified� list. These are homes and clients that expect a higher level of service than a local real estate agent can deliver.
Suggested available domain names to use for this idea:
ShareLux.com
FurnishedExecutiveHome.com
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This idea was generously donated by Steve. As a thank you for the donation of the business idea this site and the Myvesta Foundation have helped to fund the business of entrepreneur Lucrecia Alcántara Bautista.
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