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 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? 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 [...]
Pricing Strategies for Last-Minute Bookings Last-minute bookings are becoming increasingly significant in the vacation rental industry. As travelers become more spontaneous and expect instant access to information, short-term rental (STR) owners and property managers must adapt their pricing strategies to attract these [...]
How Reviews Can Make or Break Your New Vacation Rental Listing In today's digital age, reviews have become a driving force behind consumer decision-making, and the vacation rental industry is no exception. Reviews hold the power to make or break your [...]
What are the Top OTAs to be listed on? 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, [...]
The Impact of Minimum Stay Requirements on Your Short-Term Rental Revenue 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 [...]
Occupancy (OCC) Occupancy is a metric represented as a rate or percentage used by vacation rental managers to describe how full their properties are. A single vacation rental can be 50% occupied for the 4th of July weekend, or an entire portfolio [...]
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