In the dynamic world of short-term rentals (STR), where competition is fierce and guest expectations run high, property managers and owners are constantly seeking strategies to stand out and drive revenue. Enter customer segmentation – a powerful technique that has proven to be a game-changer in the STR Read More
In today's fiercely competitive short-term rental (STR) market, pricing plays a pivotal role in attracting guests and maximizing revenue. One of the biggest challenges is keeping track of your competitors' pricing strategies and responding to them in real-time. This is where competitor monitoring comes in, and there are Read More
In an increasingly competitive short-term rental market, property owners are looking for ways to maximize revenue and ensure that their properties are performing at their best. One effective strategy to achieve this is through optimizing the length of stay (LOS) for your rental property. By finding the sweet Read More
Occupancy rate = booked nights ÷ available nights. A property available 31 nights with 20 booked is at 64.5% occupancy. It's the industry's favorite demand indicator — and the most misused metric in revenue management. What Is Occupancy Rate? Occupancy is a percentage that describes how full Read More
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