Streamlining Vacation Rental Furnishing
In this VRMA Arrival podcast episode, Sage Nathan of Minoan discusses the concept of systematizing furnishing in the context of short-term vacation rental businesses. Minoan is a tech platform that aims to streamline the furnishing process for vacation rental owners and operators. Sage emphasizes the challenges in the industry, such as using outdated systems like spreadsheets, and highlights the need for a more efficient approach.
Supplier Company of the Year: Key Data
Key Data’s platform is a game-changer for the short-term rental industry. It sources and analyzes the most accurate, real-time vacation rental data available, empowering property owners, professional managers, investors, and destination marketing organizations (DMOs) worldwide. But what sets Key Data apart is its unique approach. The company collaborates with property managers in over 500 international markets, directly extracting daily data from their reservations platforms. This data is then combined with information scraped from popular online travel agencies (OTAs) such as Airbnb, Vrbo, and Booking.com.
Inside KEY.co’s Capital One Venture X Partnership
Kim Lalande from KEY.co discussed significant updates since their last conversation. The company has experienced substantial growth, expanding its curated home inventory from 700 to over 3,000 properties, aiming to hit 4,000 by year-end. A major announcement was their partnership with Capital One Venture X program, targeting high-end spenders with curated inventory and personalized services, enhancing the overall stay experience.
Industry Insider’s Top 5 Tips and Advice for Maximizing Your PMS
By Dave Payette | 11/27/2023
Most property managers in the vacation rental industry invest in some form of property management software (PMS). From booking management, payments and housekeeping, to accounting and more, a PMS streamlines operations, exploits revenue generating opportunities, and enhances customer service.
Putting AI to Work (Not Putting Yourself Out of It)
By Brise Carpenter | 10/9/2023
If you’re up at night worrying that artificial intelligence (AI) advancements will replace the people within the hospitality industry, we say: only if you’re looking for them to. It may be easy to claim human labor is a thing of the past, but the truth is perhaps a bit more nuanced. Sure, AI can take on short-term rental tasks, but that’s a good thing. In doing so, it can help you scale your business, enhance the guest experience, and optimize your team’s time.
How ChatGPT Is Transforming the Vacation Rental Industry
By Saber Kordestanchi | 6/19/2023
Artificial intelligence (AI) is revolutionizing the world and taking the vacation rental industry with it. Dominating industry headlines, the “generative AI” tool ChatGPT is the most recent addition that could help scale vacation rental businesses all over the world.
Tech Trends Transforming Short-Term Rentals in 2023
By Jessica Gillingham | 6/19/2023
The past two years have seen record-breaking growth in the short term rental sector. Demand, revenue, and supply reached all-time highs as the industry took over as the fastest growing accommodations sector.