The process of verifying the identity and assessing the risk of potential guests before confirming a booking.
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Connecting different software applications, such as property management systems, channel managers, and accounting software, to automate tasks and streamline operations.
A night between two bookings, often unavoidable, that remains vacant and can impact revenue.
A pricing strategy that adjusts nightly rates based on real-time factors like demand, seasonality, and competitor pricing.
Adjusting rental rates based on fluctuations in demand throughout the year, such as higher prices during peak seasons and lower prices in…