Digital tools that help hosts manage availability, set dynamic pricing, and synchronize calendars across platforms. Calendar Synchronization Channel Management Dynamic Pricing Rate Calendar Software Vr-Vacation Rental Rate Calendar Software
Examining guest feedback to identify areas for improvement, understand guest preferences, and enhance the rental experience. Guest Feedback Improvement Opportunities Review Analysis Sentiment Analysis Vr-Vacation Rental Review Analysis
The division of rental income between the property owner and a property management company or platform. Commission Profit Sharing Property Management Fees Revenue Split Vr-Vacation Rental Revenue Split
Specific regulations and procedures mandated by local authorities for legally operating a short-term rental property. Legal Compliance Local Authorities Permits Registration Requirements Vr-Vacation Rental Registration Requirements
Software or websites that allow hosts to compare their rental rates with competitors and adjust pricing accordingly. Competitive Pricing Market Analysis Pricing Strategy Rate Comparison Tools Vr-Vacation Rental Rate Comparison Tools
Forecasting potential rental income based on factors such as seasonality, market demand, and historical data. Forecasting Historical Data Market Demand Revenue Projections Seasonality Vr-Vacation Rental Revenue Projections
A compilation of local recommendations, attractions, and essential information provided to guests to enhance their stay. Attractions Concierge Services Guest Information Local Recommendations Resource Guide Vr-Vacation Rental Resource Guide
A metric on booking platforms that measures how quickly and consistently hosts respond to guest inquiries. Booking Platform Metrics Guest Communication Response Time Responsiveness Rate Vr-Vacation Rental Responsiveness Rate
The practice of maintaining consistent rental rates across different booking platforms to avoid channel conflict. Booking Platforms Channel Management Price Consistency Rate Parity Vr-Vacation Rental Rate Parity
Actively monitoring and responding to online reviews, addressing guest feedback, and maintaining a positive brand image. Brand Image Guest Feedback Online Reviews Reputation Management Social Media Monitoring Vr-Vacation Rental Reputation Management
Different sources of income generated by a vacation rental, including nightly rates, cleaning fees, and additional services. Additional Services Cleaning Fees Income Generation Nightly Rates Revenue Streams Vr-Vacation Rental Revenue Streams
A digital calendar that displays availability, bookings, and pricing for a vacation rental property. Availability Bookings Calendar Management Reservation Calendar Synchronization Vr-Vacation Rental Reservation Calendar