A Message from Your Partners
First and foremost…Thank you for your continued partnership with Padre Escapes. We wanted to take a minute to keep you up to date with the challenges our market faced this summer Peak season started off with a bang, on track to be a record-breaking year and while we were busy preparing for that, Mother Nature had other plans Our team has put a lot of effort into preparing the info below to help you see what we believe to be the determining factors. Again, thank you for trusting us with your investment. It means the world to us!
Christi, Charlie & Terry
THE VACATION RENTAL SURGE:
Over the last several years we have seen a significant increase in the supply of vacation rental properties available While it is hard for data collection tools to track the number of rentals available we can see total Nights Available for the entire market, which gives us a good picture of how much the market has grown over the last 4 years:
NIGHTS AVAILABLE FOR NORTH PADRE ISLAND MARKET JAN. - AUG.
This influx of properties naturally drives prices down as more listings compete for the same pool of potential guests Unfortunately, that pool has also shrunk this year due to various environmental factors, changing travel behaviors, and economic uncertainty, leading to fewer travelers choosing our coastal destination.
HURRICANE HAVOC:
THE RIPPLE EFFECT ON GULF COAST TOURISM
Excessive rainfall this spring and summer diverted beachgoers to river destinations like the Frio, Comal, and Guadalupe, boosting their tourism Despite this, our performance surpassed last year's from January 1st to June 15th. However, two major storm threats between mid-June and mid-July, despite not making landfall here, led to decreased bookings and increased cancellations as travelers opted for safer destinations.
7/5/24
6/16/24
ThreatofTropicalStorm Albertoledtoadeclinein traffic
6/20/24
Texascoastgetsheavyrain asAlbertomakeslandfallin Mexico
7/1/24-7/5/24
BerylhitGrenadaasa Category4hurricane, strengtheningtoCat5
CorpusChristiisinthe centeroftheconelocal officialsrecommended nottotraveltoourarea andcurrentguests encouragedtogo home.
7/8/24
Berylmadelandfallnear Matagorda,Texas,causing severeflooding,tornadoes, andpoweroutages
7/6/24
Mandatory evacuationissued toallvisitorsgoing intoeffecton 7/7/24
ECONOMIC IMPACT: YOUR PARTNERS IN WEATHERING MARKET SHIFTS
Economic challenges and inflation have impacted travel, leading some to choose budget-friendly options, while election uncertainty encourages saving over spending. Thankfully, the difficult summer is behind us and we have gained valuable insights to navigate future challenges Our team remains dedicated to maximizing your vacation rental returns
Bright Skies Ahead
We’ve been hard at work behind the scenes, creating something exciting! Our new website is on the way, while this build takes 4-5 months: it’s worth every bit of time and money, and we can’t wait to share it with you. A new user friendly design with a fresh, modern look which makes browsing a breeze.
STAY TUNED- IT’S COMING SOON
JOURNEY TO EXCELLENCE
We’re excited to share that we’ve been nominated for Lodging Experience of the Year by Visit Corpus Christi’s State of Tourism! This nomination reflects our team’s hard work and commitment to delivering unforgettable guest experiences. Thank you for being part of our journey we couldn’t have done it without you!
CHEERS TO 10 YEARS! WITH SAGE VIATOR
HOUSEKEEPING EXCELLENCE
Despite the chaos of summer our housekeeping team upheld our high standards; out of 6,820 stays this summer, only 23 resulted in a guest call back, indicating a positive experience for the vast majority of our guests.
You all know the name now let’s celebrate the man behind it! Meet Sage Viator: our 'Sage of all trades ' Since joining Padre Escapes in 2014, Sage has worn many hats, starting in laundry, moving through reservations, and rising to his current role as Director of Owner and Guest Services. Trained by the best and always eager to learn more, Sage has taken every opportunity to expand his expertise, from attending industry seminars to visiting top vacation rental facilities.
What Sets Us Apart:
We have our own 6,000+ sq. ft. commercial laundry on Padre Island with room to grow! This allows us to deliver our Clean Bed Promise: We professionally launder all standardized bedding, including coverlets, after every stay. Come and check it out! We’re happy to show you around.
We’re Padre Island, born and bred for 11 years now. What does that mean for our owners? We’re local and Padre Island is our only market! Our home is our area of expertise. We believe communication is key to a successful partnership.
No upcharges…ever!
No reoccurring Linen, Marketing, or Kaba Lock fees! Some companies may have lower management percentages but make up for it with upcharges and yearly fees.
The name of the game is returning guests. We always say the best guest is the guest you currently have. Before your current guests leave, we’ve reached out to them to book their next stay. We continually market to our database of 89,000 plus guests and, because we know their booking habits so well, we know where and how to spend marketing dollars effectively. The majority of bookings come from our own website with over 65% of our total bookings a year.
