The short-term rental (STR) industry is growing rapidly, and property managers and STR owners are seeking innovative ways to increase revenue and occupancy. One pertinent challenge is optimizing pricing strategies for last-minute bookings, which can boost profits while ensuring that vacation rentals remain filled. In this blog post, Read More
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 during these days. Setting competitive Read More
In today's digital age, online reviews have become an essential aspect of the decision-making process for travelers seeking vacation rentals. Whether you're searching for a new restaurant to try, booking accommodations for your next vacation, or even looking for a reliable plumber, chances are you rely on the Read More
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
The internet has become a go-to resource for millions of travelers seeking accommodations, making it crucial for hosts and property managers to tap into online platforms. While direct bookings are important, the popularity of online travel agencies (OTAs) has been steadily increasing. These intermediaries provide hosts with an Read More
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 effective way to do so is by equipping rental properties with an array of must-have gadgets. These cutting-edge devices not only provide 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
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
What is a Special Event? There is a high season... There is a low season... Then, there are special events. Seasonality, the changes in demand by season, generally follow a trend that repeats each year. A special event is a public event such as a sports Read More
Setting a Price There are numerous ways that firms can decide to set prices for their goods and services. If a seller has perfect information about the marketplace, the decision is quite simple. They can calculate all the possible prices and determine the revenue outcome 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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