At its core, a property management system (PMS) is a tool for operations and revenue generation. But what about lead generation? What about email? Your website? Reservation sales? It’s time to change how we think about running a hospitality business.
Rising inflation and travel costs combined with high summer travel demand created a unique market situation for short-term rentals this year. See the 2022 data, and find out what moves property managers should make during the upcoming shoulder season.
Looking to introduce new tech in your vacation rentals but don’t know where to start? In this article, we arm you with some key property tech stats, so that you have concrete numbers driving your decisions.
The first half of 2022 was strong but demand has softened from 2021 while rates continue to increase and traveler behaviors return to normal. Key Data presents a regional breakdown of the top KPIs to help you understand fall performance.
As a property manager, the benefits of dynamic pricing might seem clear to you: more accurate prices on your listings, access to decision-driving data and insights, time savings, and, ultimately, maximized revenue. However, your owners will undoubtedly have questions.