The collection and analysis of data generated by IoT devices in rental properties to gain insights into guest behavior, property performance, and operational efficiency.
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Glossary Term: Performance Optimization
3 posts
The practice of using data analysis and insights to inform decision-making in short-term rental management, such as setting prices, optimizing listings, and identifying market trends.
The importance of utilizing data analytics to inform pricing strategies, identify booking trends, and optimize property performance in the competitive short-term rental market.