The consistent tracking of rental rates across multiple booking platforms (e.g., Airbnb, VRBO) on a weekly basis to ensure pricing consistency and avoid discrepancies that could affect bookings.
Glossary Term: Booking Platforms
The efficient management of a vacation rental property’s availability calendar across multiple booking platforms to maximize occupancy and revenue.
The practice of maintaining consistent rental rates across different booking platforms to avoid channel conflict.
A platform or channel through which a short-term rental property is advertised and booked, such as Airbnb, VRBO, Booking.com, or a property manager’s website.
Automatically distributing property listings to various travel websites and booking platforms to broaden reach and increase occupancy.
Creating listings for your property on multiple platforms like Airbnb, VRBO, and Booking.com to increase visibility and potential bookings.
The practice of maintaining consistent pricing for the same room type across all booking channels to avoid customer confusion and platform penalties.
The strategy of listing a short-term rental property on multiple booking platforms, such as Airbnb, VRBO, and Booking.com, to maximize exposure and reach a wider audience.
Listing a short-term rental property on multiple booking platforms, such as Airbnb, VRBO, and Booking.com, to reach a wider audience.
Online platforms for booking travel accommodations that do not charge a commission fee to hosts or guests. This can be a cost-effective alternative to platforms like Airbnb and Vrbo.
Software platforms designed specifically for the short-term rental industry, offering tools for managing listings, bookings, guest communication, and more.
The practice of advertising and managing short-term rental listings across multiple online travel agencies (OTAs) and booking platforms to expand reach and maximize booking potential.