Register your interest in Serviced Accommodation Discovery Day here, and a member of our team will get back to you to confirm your place at your preferred date.
Corona Virus Special - What Every SA Provider Must Implement Now
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
DESCRIPTION
This is a difficult time for everyone and Kevin shares the information and help available for Serviced Accommodation providers in this episode. There are SA operators who are full because although you cannot take bookings from leisure guests as we all ‘stay at home’, there are key workers who now need accommodation.
Kevin explains in detail each step you need to take to ensure that you have bookings now and are one of the Serviced Accommodation Providers who can still offer a great service when everything gets back to normal.
KEY TAKEAWAYS
Many serviced accommodation operators claim small business rates relief, and so are eligible for the 10k grant funding being made available. There is a business rate 12-month holiday available for hospitality businesses along with business interruption loans and the opportunity to defer VAT and income tax payments.
You should not be taking bookings from leisure guests but those that are key workers are still potential sources of income. Key workers are choosing to self-isolate so they are not putting their own families at risk and care homes are also choosing to book accommodation for their key workers so they have somewhere between shifts.
Focus on where the key workers are in your town and be proactive - contact hotels and anywhere in your locality that has key workers.
Be flexible on rates, in order to get bookings, you are going to need to be flexible at this point in time. Look at your terms and conditions and see if there is anything you want to relax such as rules excluding pets or children in your Serviced Accommodation.
Increase your marketing and presence across all platforms and consider incentives such as contributing to a local charity for direct bookings, teaming up with food delivery services and care packages.
Implement these things and you will get bookings and be front and centre of people’s minds when things go back to normal.
BEST MOMENTS
‘People I mentor are getting this grant through and it’s coming quickly so it’s worth applying for’
‘Much better to try and work with the owners and landlords to find a solution together’
‘You can carry on as you were after this so stay positive and go the extra mile to get bookings now’
VALUABLE RESOURCES
The Serviced Accommodation Property Podcast
https://propertysoldier.co.uk/
https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses
ABOUT THE HOST
Your host Kevin Poneskis enjoys public speaking, travelling, exercising and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans.
Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years.
In The Serviced Accommodation Property Podcast you will learn how to Start, Systemise and scale a profitable Serviced Accommodation Business. Kevin served 24 years in the British Army, serving mostly in a Commando unit and retired at the rank of Regimental Sergeant Major, he left the Army in 2011 to became a full-time property investor. For most of his Army career, Kevin was investing in property and has been a successful property investor now for over 27 years which is why he is known as the Property Soldier. Serviced Accommodation is now Kevin’s preferred income generating strategy so Let Serviced Accommodation help you like it's helped Kevin by joining us on this podcast.
CONTACT METHOD
https://en-gb.facebook.com/propertysoldier/
[email protected]
