2024 Q3 REVIEW
Performance Overview
Greetings Trusted Real Estate Partners ,
We are thrilled to present our new Realtor Newsletter which we developed for real estate professionals like you . At Natural Retreats , we take pride in being a trusted partner in vacation rental and property management , and we want to keep you updated on the latest trends and insights in the market .
Moving forward , you can expect us to provide valuable updates on rental performance , market dynamics , and emerging opportunities in the short-term rental space . Our goal is to empower you with the information you need to better serve your clients and navigate the ever-evolving market .
To ensure you don ’ t miss out , click the link below to have these market insights delivered directly to your inbox :
SUBSCRIBE NOW
Market Update
As you will see in the Q3 report , summer vacation rental bookings have continued to lag the market highs we saw during the pandemic . Natural Retreats has not been immune to these changes in market conditions — but we are outperforming the market . This is due in large part to our industry leading marketing and revenue management teams collaborating with the local Big Sky team . We also have the right mix of homes in our portfolio that appeal to luxury travelers visiting Big Sky . The most important metric related to your clients is RevPAR , as it balances Occupancy with Average Daily Rate ( ADR ). It is , in fact , the gold standard metric in the vacation rental space .
We Are Here For You As always , should you or your clients have questions or would like to discuss rental revenue projections or regional trends , please feel free to reach out . We ’ d love to set up a call to provide the tailored support that meets your needs .
Thank you for being a valued part of our community . We look forward to continuing our collaboration with you and increasing your visibility into the short-term rental space .
Kindest regards ,
Tim Drain REGIONAL MANAGER OF BUSINESS DEVELOPMENT , BIG SKY
P . 4 BY THE NUMBERS NATUR AL RETREATS