A booking that has a higher than usual likelihood of cancellation, modification, or no-show, often due to factors like last-minute booking or a guest’s booking history.
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A software tool that allows hosts to manage their listings and bookings across multiple platforms (e.g., Airbnb, VRBO) from a central dashboard.
The process of identifying and interpreting patterns and changes in vacation rental data, such as booking trends, pricing fluctuations, and guest preferences.
Conducting thorough research on competitor pricing, local demand trends, and guest preferences to inform pricing strategies and optimize listing performance.
The practice of maintaining consistent rental rates across all distribution channels, such as Airbnb, VRBO, and direct bookings.