RENTAL MANAGEMENT

Services of Rental Management

Shanty Creek Resorts’ award-winning customer service combined with our skilled and dedicated professional property managers are a winning team committed to providing the highest level of personalized service to each owner.

Following are some of the amenities and services Shanty Creek Resorts offers to its property owners:

  • Professional On-site Property Management – A professional, trained staff member is on-site during regular business hours, including Friday evenings and Saturdays, to attend to the needs of our owners. As an information resource for owners, staff is available to schedule 1:1 property recaps on occupancy/rates/etc., share best practices for marketing unit for owner-referrals, offer suggestions for upgrades/decorating, and provide “one stop shopping” for room makeovers, etc.
  • Transportation – We provide complimentary transportation for all owners and guests throughout Shanty Creek Resorts and downtown Bellaire. Standard pickup and drop off locations are found at each village’s front desk
  • Security – The safety of our owners is protected through our nightly security services. Periodic inspections of managed-lodging units and nightly patrols are made throughout the three villages of SCR.
  • Concierge Guest Services – Our Guest Services staff will help make your stay with us hassle-free. We can arrange restaurant reservations, bell service, lift tickets, fax/mail/package delivery, and recommendations for other recreational activities.
  • Housekeeping and Maintenance – For managed lodging units, Shanty Creek provides a full staff of well-trained housekeepers and maintenance personnel. Housekeeping and maintenance services are available seven days per week.
  • Owner Accounting – For owner’s using Shanty Creek’s Rental Management program, monthly statements and owner-share checks are issued on or before the 20th of each month. Owner accounting provides easy-to-understand monthly statements itemizing your income and expenses and an end-of-year summary statement for tax preparation purposes with your 1099.

Revenue Management

When joining Shanty Creek Resorts’ rental program, property owners receive the benefit of a dedicated revenue management effort that focuses on maximizing rental revenue for residences through many channels of business and market segments. Successful selling strategies focus on increasing overall revenue and occupancies through flexible and dynamic pricing, optimal market mix, competitive pricing analysis and proactively responding to changing market conditions.

How will Shanty Creek Resorts’ rental program maximize rental revenue for your residence?

Flexible and dynamic pricing strategies: Rate strategies are adjusted based on the following factors in the market; competing hotel’s rate strategy, ensuring proper price positioning within the market, special events and other market conditions that impact demand. All of these factors are analyzed and reviewed weekly and selling strategies are adjusted as needed to maximize revenue, occupancy and Average Daily Rate (ADR). Due to these flexible pricing strategies, nightly rates will vary on owner statementsCompetitive pricing analysis: A weekly review of the competing properties’ changing rate structures is crucial to making effective adjustments in selling strategies in order to effectively maintain and increase market share

Forecasting demand and changing market conditions: By understanding the dynamics that contribute to demand, Shanty Creek  is better able to proactively forecast and adjust selling strategies to maximize revenue, occupancy and ADR.

Optimal market mix: To increase revenue and obtain a property’s “fair share” of business in the local market, lodging properties must solicit from all market segments through many channels: Tour Operators, Online Travel Agents, group and conference business (if applicable to the property), and Travel Agents are examples of market segments and channels that make up the total revenue available.

Shanty Creek Resorts has developed strong partnerships with the top producing entities in each of the channels/market segments listed above. This allows us to uncover new rental demand for residences and increase occupancy and revenue for our owners

Channel Management: Ongoing analysis of each channel’s profitability allows us to manage and control the mix that is appropriate for each demand period

Marketing Your Property is Marketing Our Property

Marketing and Sales

When you join Shanty Creek Resorts’ rental program you will benefit from one of the strongest brand identities in the resort industry, combined with a multi-million dollar marketing budget designed to promote Shanty Creek and our lodging properties on statewide and regional levels. Shanty Creek Resorts has established a strong position in the mind of the destination traveler by creating a strategic marketing plan that communicates the key attributes our resort has to offer to the widest audience possible.

We utilize a multitude of marketing vehicles including traditional advertising, digital and online marketing, social media, public relations, event production, and industry-based partnerships. As a member of our rental management program, you will benefit from the resort’s marketing efforts and group sales efforts to contract thousands of additional lodging nights and increased occupancy.

Our goal is to see that lodging properties managed by Shanty Creek receive the maximum exposure possible through our marketing efforts to help ensure increased awareness, brand loyalty, and a larger share of the Up North destination market, ultimately maximizing the return on investment to our owners.

Following are a number of these specific strategies employed to achieve this goal:

  • Shanty Creek Resorts’ annual marketing plan is developed to reach deep into the travel marketplace. These campaigns includes online, print, billboard, email, newspaper, radio, and TV advertising across regional and in-state media outlets, plus industry trade publications such as Michigan Meetings and Events and Michigan Golf magazines along with lifestyle publications including Traverse and Michigan Blu magazines

 

  • Our Marketing department has continued to allocate resources towards online and digital-based marketing initiatives including display advertising with behavioral/demographic/geotargeted/retargeted profiling, social media promotions for Facebook and Instagram, search engine marketing, and on-going website development for shifting online consumer behavior.

 

  • Shanty Creek has forged partnerships with travel partners including Traverse City Tourism, Pure Michigan, MyNorthMedia, Traverse magazine, and others. These relationships provide opportunities for the resort to collaborate and increase awareness of our product, which translates into increased visitation to Shanty Creek (and therefore rental occupancy for our homeowners).

 

  • Over 20,000 Shanty Creek “Traditions” magazines are produced each year featuring Shanty Creek’s breadth of recreation, lodging and resort lifestyle.

 

  • Our marketing department will undertake a complete redesign of the resort’s website to create a state-of-the-art online produce that prominently features Lodging and highlights our lodging properties from both a descriptive and photographic standpoint.

 

  • Shanty Creek’s marketing department participates in regional and statewide travel trade shows promoting best practices for lodging properties and recreational resort properties. Through this process, we have established strategic relationships with tour operators who we partner with to offer specialized lodging packages to their client base.

 

  • Shanty Creek Resorts employs a dedicated Group Sales and Conference Services staff of 11 individuals whose focus is to bring meetings, weddings and special events to Shanty Creek designed to take advantage of the various amenities we have to offer including utilization of our lodging product. Examples of our efforts in this regard include corporate retreats and golf outings, annual conferences, and many more.

 

  • Our Lodging department is staffed by 18 experienced Vacation Planners and support staff who have firsthand knowledge of each of our lodging properties and are able to sell all properties we represent with confidence and enthusiasm.

 

FAQs

Why should I choose Shanty Creek Resorts over other property management companies in Bellaire?

Shanty Creek Resorts’ skilled and dedicated professional staff is committed to providing personalized service to each owner and guest. Our resources and ability to package the resort’s amenities sets us apart from the competition. We call this The Shanty Creek Advantage. In addition, the vast reach of our Marketing and Sales departments continue to build our guest base, both new and past, creating a higher, long-term return for our owners. Some amenities and services provided to property owners include:

  • Security services including nightly patrols and periodic property inspections
  • Housekeeping staff available seven days a week, providing services daily to our rental guests at no charge to our owners
  • Maintenance staff available seven days a week, ensuring the condition and quality of your residence is well maintained
  • Professional on-site management available at each of our village locations
  • Owner services liaison
  • Complimentary resort-wide and in-town transportation provided to your lodging guests
  • Guest services staff to provide business and concierge services
  • Marketing, Sales and Public Relations efforts to drive interest, traffic, and occupancy
  • Shanty Creek Resorts managed properties are featured on our website and other online property listings
  • No restrictions on owner use
  • Online homeowner portal for easy occupancy availability and reservations for each residence

What is required to get my property ready for rental?

Before your residence can be prepared for entering the management program, the following items and details will need to be completed:

  • A walk-through inspection of your unit with our Rental Management team
  • A signed Rental Management Agreement submitted to Shanty Creek Resorts
  • Completed IRS form W9 submitted to Shanty Creek Resorts
  • Proof of liability and property insurance in effect
  • Utilities in service
  • Shanty Creek linens and amenities installed

What is the rental revenue split?

The standard rental revenue split with each owner is 50/50.

Are there any special benefits or advantages to owners through Shanty Creek Resorts?

Aside from being recognized and associated with an award winning world-class golf and ski resort, the advantages of being “neighbors” with Shanty Creek are extended to owners who entrust Shanty Creek as their property management company, and those who belong to our Mountain Creek Club.

For those looking to spend their leisure time enjoying all the recreation and amenities of the resort, discounts on golf, skiing, dining, pro shop retail, fitness memberships, spa treatments, and more are formalized through our Mountain Creek Club.

For details, email TheClub@shantycreek.com.

Taking Care of Your Residence:

How is my residence secured?

If at any time someone other than a Shanty Creek Resorts employee is authorized to access the property, they must present I.D. to receive a key from the front desk. The key must be returned by the end of the day.

Each evening, our security personnel inspect each property for which a key has been issued to make certain everything is secure and in proper order.

After each guest departs, our housekeeping staff completes a post-stay inspection of the residence. Our staff checks the residence for damage, belongings left behind, and ensure all doors and windows are secure, appliances are turned off, the heat is turned down, and lights turned off.

If a guest damages my property, who pays for it?

While each homeowner is responsible to carry insurance to protect against any significant disaster, each guest is required to provide a credit card upon check-in. Properties are monitored daily by the housekeeping and maintenance staff. When damage is reported, Shanty Creek Resorts will use reasonable efforts to ascertain the identity of the responsible party and to assess the costs of such repair or replacement against the responsible party. If the responsible party cannot be determined, the owner may be culpable.

How does housekeeping work?

As an integral part of any guest experience, our housekeeping department maintains continuous training and quality control. Daily housekeeping services are provided to all rental guests by Shanty Creek Resorts at no additional fee, a concept that many other management companies do not employ.

We perform daily and mid-week service and full clean after each departure. Often an industry practice of stripping rooms post-departure is employed where we remove linens, trash, and used towels before returning to “put it back together.”

Pre-arrival inspections and randomized mid-stay cleaning inspections are performed by our Housekeeping Area Managers and Inspectors. Whenever possible, our properties are organized into geographic areas, each of which is assigned an Area Manager and a staff of housekeepers. This enables our staff to become familiar with each individual property and improves the quality of service provided.

Reservation Activity and Your Residence:

How are you going to market my property?

Shanty Creek Resorts has an award-winning marketing team with extensive experience and long running ties to our community and Michigan’s travel industry. A large amount of time, money and resources are invested and reinvested to drive new and returning guests to the resort and, in turn, your property. The resort is marketed through traditional and digital advertising as well as public relations, industry consumer shows, and more. These brand and promotional efforts are designed to drive phone calls into reservations, visits to our website, and conferences to the property. All of these drive occupancy into our managed lodging units.

What will the nightly rates be for my property? Can I set my own rates?

As a large property management company, much of our success is derived from our experience in operating flexible and dynamic rate yield strategies. Knowing the market demand, maintaining flexibility and applying strategy is what allows for growth. Allowing individual owners to set rules or rates would impede our ability to manage supply and demand, and virtually eliminate the strategies in place that allow for revenue maximization. Beyond demand, other factors that impact rates include the unit type, the property’s aesthetic and upgrades, and size.

How many nights can I expect my property to be rented during the year? How much revenue can I expect to earn?

While we cannot predict revenue or nightly use, we do have historical data that can be helpful in elaborating on your residence’s potential for future bookings and use. The number of rental nights generated by property can be impacted from year-to-year, based on snow conditions, the economy, owners and owner’s guest use, location of property, interior décor, repeat clientele, and guest amenities available to rental guests both in the residence and at the property. Our staff can schedule one-on-one evaluations of your property’s history or comparable properties for new owners interested in rental management services.

How does my property compare to the other properties that you manage? Do you have a rating system for the properties you manage?

Because Shanty Creek Resorts represents many property types, we utilize a rating system that lets guests know if the property type has been upgraded recently (or not). Each residence is classified by number of bedrooms/available beds, property location, and type. These will generally compete directly with other residences of same size or similar offerings. One of the best ways to measure the quality of a residence in comparison to another is to ask the onsite management team to show you several other residences at the property that represent similar set up and the quality standard for that property.

How do you decide which property to book for a rental guest? Is there a method to disbursing reservations amongst all residences in rental?

There are several options for our guests to complete the reservation process. When a guest calls into our Reservations department requesting a particular size, location, features, type of residence or any special needs, they are led through a consultative process by one of our Vacation Specialists who will assist them in selecting the best-suited property. Based on this process, we do everything possible to fulfill our guests’ requests and needs as best we can. Once a unit type is determined, similar unit types are sorted by a 120-day revenue recap so that we can maintain equality among our owners.

Guests may also choose to arrange their entire reservation through our website, shantycreek.com. The online website also searches specific criteria, which include location, property type, ski or golf access and size. When guests call or book online with no specific requests or needs, our management system suggests the best placement for the reservation based on the revenue and owners’ usage.

How can I reserve my property for personal use?

Our Owner Services liaison is your primary point of communication for personal usage. While a detailed explanation of owner use and booking parameters can be found in the Rental Management Agreement, we attempt to have your plans as early as possible. Because conferences may book their events as far as 2-3 years in advance, we ask that you attempt to set your plans as early as possible. Also, there are known timeframes that are VERY high demand (e.g. Holiday Week, the first weekend of August, etc.)

Of course, we will make every effort to move guests from your unit if you’d like. Our online owner portal makes it easy to see if your unit is reserved, and future reservations. It’s also another way to make short-term (or long-term) reservations for your unit for you or your guests.

Is there a limit on the number of nights that I can use my residence?

No, there is no limit on the number of nights that an owner can use their residence. If the owner’s goal is to maximize revenue, and maintain a profitable asset, they should make the property available for as much of the year as possible.

However if your goal is to maximize revenue, it is important to recognize that significant owner occupancy will reduce the overall opportunity for revenue, especially during high-demand times.

Can I let friends and family use my residence? Can I rent my residence myself?

While you are under contract with Shanty Creek Resorts, use by the owner’s family and friends is allowed with the understanding that the owner is not to rent the residence directly or through any entity other than Shanty Creek Resorts Property Management. This restriction is explained more clearly in the Rental Management Agreement.

For additional questions, please feel free to contact Shanty Creek’s onsite management team who are available to answer your questions and help you in any way they can.

In summary, Shanty Creek Resorts takes advantage of every marketing and sales opportunity in the marketplace to provide the highest possible return on investment to homeowners who choose us as their property manager. When compared under these criteria, no other area property management company comes close.