Are you a vacation rental owner looking to optimize your revenue and attract more guests? One effective strategy is to set competitive weekend rates through dynamic pricing. Weekends are prime time for vacation rentals, as many travelers seek quick getaways or leisurely escapes [...]
Understanding the Role of Revenue Management in STR In the fast-paced world of short-term rentals (STR), effective revenue management plays a crucial role in ensuring the success and profitability of property managers and STR owners. By optimizing pricing strategies, minimizing vacancies, [...]
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 [...]
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 [...]
Increasing Revenue Through Length of Stay Optimization 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 [...]
The RevPAR Breakdown “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 [...]
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 [...]
Which cancellation policy should you choose? Cancellations are never fun. Historically the vacation rental industry has enjoyed a host-friendly cancellation policy structure. It is common for property managers and homeowners to use strict cancellation policies giving traveling guests little to no flexibility. Naturally, the cancellation [...]
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