The automated process of updating calendar availability, rates, and booking details across multiple OTAs in real-time to prevent double bookings.
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Glossary Term: Channel Management
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Refers to the seamless connection between a property management system and a channel manager, allowing for real-time updates on availability, rates, and bookings across various platforms like Airbnb and VRBO.
Connecting and managing listings across multiple platforms, like Airbnb and VRBO, to maximize visibility and bookings.
Automatically distributing property listings to various travel websites and booking platforms to broaden reach and increase occupancy.
Stands for “Short-Term Vacation Software Integration,” denoting the seamless connection between different software systems used in short-term rental management, such as property management software, channel managers, and dynamic pricing tools.
Digital tools and resources designed to assist with various aspects of short-term rental management, including channel management software, pricing tools, and guest communication platforms.
The process of distributing short-term rental listings across multiple online travel agencies (OTAs) and booking platforms to reach a wider audience.
Aligning rental rates across multiple booking platforms, especially during peak seasons, to maximize occupancy and avoid rate discrepancies.
Managing listings across multiple platforms like Airbnb, VRBO, and Booking.com to reach a wider audience and optimize bookings.
The practice of maintaining consistent pricing for the same room type across all booking channels to avoid customer confusion and platform penalties.
Utilizing software or services to manage listings across multiple short-term rental platforms (e.g., Airbnb, VRBO, Booking.com) from a centralized dashboard, streamlining operations.
Maintaining consistent pricing across different booking platforms (Airbnb, VRBO, direct bookings) to avoid guest confusion and channel conflicts.