The Case Against Last-Minute Discounting
The Case Against Last-Minute Discounting What's on this page: > Introduction > Airlines vs STR’s > Why Don’t Airlines Discount Last Minute > Why do STR’s Discount Last Minute > How to Turn Off your [...]
Price Sensitivity for STRs
Price Sensitivity for STRs What's on this page: > Introduction > Price Elasticity of Demand > Inelastic Demand and Elastic Demand > STR Demand Type: Elastic or Inelastic > Segmentation > Results > [...]
Improving your pricing with NLP
Improving your Pricing with NLP What's on this page: > Introduction > What is NLP? > Training vs Buying a Model > Training > Pipeline and Integration > How Reviews Impact Choice > [...]
Customer Segmentation in STR
Customer Segmentation in STR 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 [...]
How to Overcome Technical Infrastructure Complexity in STR Dynamic Pricing?
How to Overcome System Complexity and Technical Infrastructure in STR Dynamic Pricing? In the bustling world of Short-Term Rentals (STR), dynamic pricing has revolutionized revenue optimization by tailoring rates to real-time market dynamics. However, this innovation comes hand-in-hand with challenges surrounding [...]
How to Overcome Data Availability and Quality Challenges?
How to Overcome Data Availability and Quality Challenges in STR Dynamic Pricing? In our previous blog post, we delved into the complexities and challenges of implementing dynamic pricing in the short-term rental (STR) market. One major challenge faced by STR owners [...]
How to Overcome Competitor Monitoring Challenges in STR Dynamic Pricing?
How to Overcome Competitor Monitoring Challenges in STR Dynamic Pricing? 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 [...]
The 5 Must-Have Software for Every Busy STR Host
The 5 Must-Have Softwares for Every Busy STR Host Have you ever wished for a helping hand to manage your responsibilities and streamline your daily tasks? In the fast-paced world of short-term rentals (STRs), managing your property efficiently is crucial for [...]
Smart Home Gadgets STR Owners Should Invest In
Transform Your Short Term Rental into a Modern Smart Home: Best Gadgets to Get Started In this fast-paced, technology-driven world, short-term rental (STR) hosts are constantly looking for ways to enhance their guests' experience and stand out from the competition. One [...]
Can ChatGPT Replace Professionals in the Short-Term Rental Market?
Can ChatGPT Replace Professionals in the Short-Term Rental Industry? In our previous blog post, ChatGPT delved into the ways it can significantly enhance the short-term rental industry. This intriguing conclusion sparked our curiosity - can ChatGPT replace professionals in the short-term rental market? [...]
