A visit to Cannes!

Why Property Owners should engage in a Management Program

• » Wide Marketing Reach
• » Central Calendar Control
• » Sophisticated Reporting
• » Realtime Notifications

In terms of running their rentals, Property Owners can play it one of 2 ways.

1. They can take a direct and hands on interest in their rentals

Using an assorted mix of agencies, personal contacts and their own marketing to get their apartment rented as much as possible.This approach necessitates getting operationally involved in the rentals since sometimes you will be dealing with the Guests directly (From contract/ finance through to servicing & support through check in/ checkout etc) and where there is an agency, you are responsible for the state of the apartment anyway, and liaising re. keys/ calendars/ double bookings etc.

2. They can engage in a Management program,

designed to keep the benefits of the above, and take out the negatives. Added to that, there is the benefit derived from the program in its purest sense (apart from rentals) which are significant.

• Regular Property Inspections,
• Preventative Maintainence Plan,
• Use of network of suppliers/ tradesmen at better than normal rates,
• Project management of any improvements/ renovations/ redecorations

Property Letter from Cannes

The 60^th Cannes Film Festival.

(And what a show!)

It runs from the 16^th to 27^th May and town is pulsating. We are a little town really and during this two week period our numbers swell by about 70 000 people, counting only those who stay here! The people of Cannes pull out all the stops, the police do their best to maintain a semblance of order, but allow weird parking and driving habits, and “look the other way” while people engage in “relatively harmless” excesses. The town is kept spotless, and although the parties don’t stop until after the sun comes up, by 08.30 the streets and pavements have not only been cleaned, but washed too, and the beaches are swept pristine. I find it quite incredible.