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Wander Operated: A Case Study

Take a look at how transforming your vacation home into a Wander location with Wander Operated might just be the key to unlocking higher occupancy and revenue.

Clara Menestrot
ClaraProduct Marketing at Wander
Wander Operated:             A Case Study

At Wander, we’re on a mission to build the infrastructure to experience the world so that our customers can find their happy place and make memories that will last a lifetime. 

With carefully curated homes in stunning locations, we've built a network of incredible destinations unlike you’ve ever experienced before. We’ve forged a brand that brings together the quality and consistency of a luxury hotel with the space and privacy of a high-end vacation home to create a guest experience that customers absolutely love. By delivering a 5-star hospitality experience and unmatched consistency across our portfolio of properties, our homes have dramatically outperformed the market across every metric.

With Wander Operated, we’re now giving select homeowners the chance to transform their one-of-a-kind home into a top-performing investment property – a Wander location. Once again a proven product that boasts 30% higher occupancy vs. the market and an industry-leading guest satisfaction score of 93%+. Wander Operated offers everything from 24/7 concierge services, smart-home technology, access to our marketing machine, our booking platform, dynamic pricing model, tech-enabled management, hotel-grade cleaning, access to our 180K+ travelers looking to book a home just like yours and more.

 
Case Study: Wander Surfside

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In August 2022, Wander acquired and listed Wander Surfside Beach, an 8-bed, oceanfront property in Myrtle Beach

Situated on a 1.2 acre plot, the property offers panoramic views of the Atlantic Ocean. With a capacity to sleep up to 22 guests, the property is one of the few vacation homes in the area with the ability to sleep up to 22 guests

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At the time of Wander’s acquisition, the previous owner had booked 126 total nights from May – October 2022 at a blended rate of $1,385/night.

After acquisition, and with the efforts of our in-house team of experienced designers and underwriters, Wander fully outfitted the property with smart home technology, workstations, and an upgraded FF&E package (Furniture, Fixtures, and Equipment) across the home, followed by a customized marketing campaign to drive bookings across different key channels.

For the period May - October 2023, Wander booked 133 nights at a blended rate of $2,333/night, or in other words an astounding 68.5% increase in ADR (Average Daily Rate). 

If you’re an existing vacation home operator, or are just looking to make the most of your home, here's your chance to join us and transform your vacation home into a top-performing asset, and unlock all the benefits of being a Wander home.

Learn more or apply today at wander.com/operated.

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