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ATLANTA, Sept. 22, 2022 (GLOBE NEWSWIRE) — Vector Travel, a leader in off-campus student housing short-term rentals and income-sharing partnerships, is launching a new program called Vector Guaranees. The “We Rent Student Housing” label is a change in the business model to offer student housing owners and long-term management customers guaranteed payments instead of variable monthly payments.
“Many of our clients and industry contacts have sought to reduce vacancy losses using Vector’s services, but were unable or unwilling to accept flexible payments with revenue share arrangements. Now, we have a solution for everyone in vacant student housing and simply need it.” Founder and CEO of Vector Travel Executive Director Mickey Kropf Remember that we rent student housing.
Vector Travel has national short-term rental data sets to generate guaranteed income offers for properties and portfolios in need of vacancy across entire units. Their operating system and staff are driven by the needs of travelers and travel where they need to legally.
Vector Travel’s solution includes fulfillment, room provisioning and set-up, channel management, revenue management, guest services, housekeeping and monthly payments to customers via ACH.
- According to ERDNA, US short-term rentals sold 23 million room nights in July, up 18.2% year over year and up 20.6% from the same month in 2019.
- Vector Travel simply searches for property addresses and available rooms and can create a guaranteed rental offer within 48 hours.
- Vector Travel has its own proprietary warranty contract and strives to start classes within 2-3 weeks of execution.
Vector Travel is a technology-enabled hospitality company founded in 2018 to create technology and commercial real estate ventures. Vector operates student housing, conventional multifamily and hospitality properties across the country, and has managed 2,000+ listings to date in 25+ markets.
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Contact Address:
Jesse Brown
Director
jesse@vectorstays.com
562-343-0874
Related images
Figure 1: Vector travel guest set in Houston
Vector Travel offers and operates tech-enabled hospitality suites.
This content was released via the press release distribution service at Newswire.com.
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Vector Travel Guest Collection in Houston
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