Online travel agencies (OTAs) have revolutionized the way travelers book accommodations, making it easier than ever for vacation rental owners to reach potential guests. By listing your rental properties on various OTAs, you can diversify your sources of income. Expanding your reach to a wider audience and increasing Read More
In the world of short-term rentals (STR), minimum stay requirements can have a significant impact on your short-term rental revenue. As a property owner, finding the right balance between profitability and guest satisfaction is crucial to ensuring the success of your rental business. In this blog post, we'll Read More
The rapid growth of the short-term rental market has inspired a wave of innovative marketing software solutions tailored to assist businesses in optimizing their marketing efforts. As a conscientious property manager or vacation rental owner, you recognize the crucial role marketing plays in ensuring the success of your Read More
Discrete Choice Experiments (DCEs) Discrete choice experiments, or DCEs, are a sampling technique used to collect data and derive demand curves for various attributes of products. They are typically conducted in retail settings, but they can also be used in other industries where there are a Read More
🏁 Let's start with Revenue Management Revenue Management is both a science and a practice of price discrimination, the economics term for charging different prices for the same product. It can be applied to many industries but gets most rigorously applied to enterprises with fixed capacity products Read More
Forecasts point to a high summer season Quibble, a revenue management company for vacation rentals, is elevating this economic sector through strategic pricing models, just as tourism is on its path to recovery and more travelers opt for short-term rentals. With short-term rentals Read More
“Turnover is vanity, profit is sanity, but cash is king for your business.” 👑 Cash is King That is a widely used quote highlighting the most crucial metric in any business. Short term and vacation rentals can provide excellent cash flow 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
Who are your competitors? This question seems simple enough. Competitors are companies that you are competing with to win customers. For most businesses, a search of the web would help you find the majority of your competitors. For short-term rental (STR) managers, identifying competitors can be Read More
At Quibble, we are always out to share what we know with people like you in the short-term rental community.
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