The past decade has shown an invasion on the margins of vacation rental managers, from higher OTA fees to higher new owner acquisition costs. Yet, it’s the manager that deals with the owners and delivers the guest experience. The Waivo program allows managers to offer peace of mind protection to their owners, a seamless solution for their guests, and a big revenue source for them.
Each booking is automatically protected up to the limit the manager chooses for their program, which can be a low as $500 in damage, all the way up to $10,000. The cost, protection, and revenue stream to the manager are all best-in-industry. And the best part, there is no communication necessary with the guest to resolve a damage settlement. This makes for a happy owner, guest, and manager.