The Ojalá Effect in short-term rentals refers to the positive impact that exceeding guest expectations can have on bookings and reviews. Just as the Spanish phrase “Ojalá” expresses a hopeful wish, the Ojalá Effect aims to create a memorable and positive experience that guests will rave about, leading to increased...
Glossary Term: Reviews
The process of improving a short-term rental listing to rank higher in search results, attract more bookings, and maximize occupancy rates.
Measurable values that track the success and performance of a short-term rental business, such as occupancy rate, average daily rate, and guest satisfaction.
Strategies and techniques for addressing and mitigating the impact of negative reviews from guests on short-term rental platforms.
Effective and personalized communication with guests throughout their stay, from pre-booking inquiries to post-stay follow-ups, to enhance satisfaction and encourage positive reviews.
The valuable insights and suggestions provided by guests after their stay, often through reviews or direct communication, which can help hosts improve their properties and services.
The overall impression and satisfaction a guest has with their stay at a short-term rental, encompassing communication, cleanliness, amenities, and overall experience.
The overall impression and satisfaction a guest derives from their stay at a short-term rental property, encompassing all aspects of their experience.
The steps taken by a host or property manager to evaluate potential guests and minimize risks associated with bookings.
Emphasizes the critical importance of maintaining exceptionally high standards of cleanliness and hygiene in short-term rentals, especially in the context of guest expectations and reviews.
Highlights the significance of clear, timely, and effective communication with guests throughout their stay, from pre-booking inquiries to post-stay follow-ups.
Any point in the guest journey where a positive or negative experience can significantly impact their overall satisfaction and likelihood to rebook or leave a good review.