A situation where the number of short-term rentals in a specific area exceeds guest demand, potentially impacting occupancy rates.
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A cloud-based property management system specifically designed for hotels, sometimes used by larger short-term rental operators for its robust features and integrations.
The process of improving each stage of the guest booking journey, from initial awareness to booking confirmation, to increase conversion rates.
Similar to e-commerce, it refers to potential guests who initiate a booking on platforms like Airbnb or VRBO but leave before completing…
The tracking and analysis of water consumption patterns in short-term rentals, often using smart meters or monitoring systems, to identify leaks, promote…