Leveraging data from IoT devices and external sources to optimize pricing strategies, adjust rates based on demand and occupancy, and maximize rental income.
Menu
Glossary Term: IoT
31 posts
Using data from IoT devices to identify and mitigate potential risks, such as detecting potential security threats or monitoring environmental conditions that could lead to property damage.
Implementing internet-connected devices and systems to promote sustainable practices, such as energy-efficient appliances, water conservation measures, and waste management solutions.
Using data from IoT devices, such as occupancy sensors or smart thermostats, to gather indirect feedback on guest preferences and improve the rental experience.
Internet of Things devices used in short-term rentals for enhanced guest experiences, such as smart locks, thermostats, and lighting systems.
A software platform that integrates with various IoT devices and systems to provide a centralized hub for managing short-term rental properties.
Sensors connected to the internet that detect occupancy in a rental property, often used for automating energy savings or security systems.
Using data from IoT devices, such as security cameras or access control systems, to enhance guest vetting processes and mitigate potential risks.
The use of internet-connected devices to monitor noise levels within a short-term rental, helping hosts enforce house rules and prevent disturbances.
Utilizing real-time data from IoT devices, such as occupancy sensors or weather stations, to adjust rental prices dynamically based on demand and market conditions.
A system using internet-connected devices to manage access to a property, such as smart locks or keyless entry systems, often integrated with booking platforms.
Providing personalized recommendations to guests for local attractions, restaurants, or activities based on data collected from IoT devices and guest preferences.