- November 11, 2015
- Posted by: Greg Herr
- Category: Resources
October was certainly a busy month for the Vacation Rental Industry with two of the biggest conferences of the year in the same month. In early October Weatherby Consulting had the pleasure of attending RezFest 2015 by HomeAway Software in Las Vegas, Nevada as a Gold Sponsor. Later in the month the Vacation Rental Managers Association held their annual conference in New Orleans, Louisiana with over 1,300 attendees.
Weatherby Consulting was an active participant in both events with involvement in multiple sessions, presentations, bootcamps and other event related activities. Many of industry professionals that attended our sessions have requested the resource materials we presented, but we also wanted to provide this information to those who were unable to attend these events or our sessions at either event. Below you will find links to PDF versions of some of the presentations we were involved in. Feel free to download, review and reach out to us with any input or further questions.
It is certainly an exciting time to be in the Vacation Rental Industry and now that the travel crunch of October is behind us we are back to the desks and ready to serve your business. Weatherby provides consulting services for all facets of the business – From Operations to Accounting, Management to Fiscal Reporting Packages, Buying or Selling. Let us be a trusted partner in your continued success.
Contact Weatherby Consulting today to schedule a time to talk about your business needs.
RezFest 2015 Las Vegas, Nevada
A Guide To Selling Your Vacation Rental Business The Right Way
As the purchase and sale market heats up, Vacation Rental Managers are being aggressively solicited to sell their businesses. This session helped vacation rental managers discern which deal is right for them, provide tangible techniques to properly present your business for sale, initiate discussions with prospective buyers, and negotiate a fair agreement, while achieving maximum value and return for your business.
VRMA 2015 Annual Meeting New Orleans, Louisiana
Financially Managing Your Vacation Rental Business
This session provided vacation rental managers with the information necessary to financially manage their business with consistent and reliable financial reports. As expenses in the vacation rental industry continue to rise, effective financial management is imperative to providing sustainable profits.
Presenter(s): Ben Edwards, Newman-Dailey Resort Properties/Weatherby Consulting
Download the Excel Support File
Selling Your Vacation Rental Business for Profit
As the purchase and sale market heats up, vacation rental managers are being agressively solicited to sell their businesses. This session provided tangible techniques to properly present your business for sale, initiate discussions with prospective buyers and negotiate a fair agreement while achieving maximum value for your business.
Presenter(s): Ben Edwards, Newman-Dailey Resort Properties/Weatherby Consulting
Art of the Deal
Gain a full understanding of the important items and criteria for buying and selling vacation rental businesses in today’s marketplace. This session provides details from both the buy-side and sell-side of current acquisitions and sales in the industry by two of the leading “deal guys” in the vacation rental space.
Presenter(s): James Olin, C2G Advisors LLC; Ben Edwards, Newman-Daily Resort Properties/Weatherby Consulting
Tax Considerations in the Operations and Sale of Vacation Rental Businesses
This session discussed several tax issues common in the vacation rental industry, recent changes in the tax code applicable to vacation rental company owners and certain techniques to avoid paying more than your fair share of tax. Edwards & Prince has also been involved in a number of vacation rental purchase/sale transactions and will discuss tangible methods to ensure preferred tax treatment when selling a vacation rental company.
Presenter(s): Tony Edwards, Edwards and Prince Attorneys at Law; Jeremy Prince, Edwards and Prince Attorneys at Law
