An abbreviation for ‘Guest Communication System’. While not a standard term, it represents the importance of efficient communication tools for managing inquiries, bookings, and guest requests on platforms like Airbnb and VRBO.
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Implementing dynamic pricing strategies based on factors like seasonality, demand, and competition to maximize rental income and occupancy rates.
Software or systems used to manage interactions with potential and existing guests, including inquiries, bookings, and communication.
Past occupancy data for a short-term rental property, often tracked over months or years, providing insights into seasonal demand patterns, pricing strategies,…
Measures taken by short-term rental platforms and hosts to prevent fraudulent bookings, payments, or activities.