coronavirus

Communicating with owners is one of the most crucial aspects of short term rental property management. Here we'll cover three tips for turning your owner conversations into one of the best parts of your week!

Are we still getting the same type of bookings we got last year as we rush to fill vacant homes and condos? We’ve previously touched on the impact of Covid on average daily rates (ADRs), but now we'll take a look at the impact across a diverse portfolio of bedroom sizes and markets.

As we all know, the impact of COVID-19 has led to the cancellation and postponement of many events around the world. With so many events moving to new dates, how will this impact pricing strategies in their surrounding markets?

We're taking a deep dive into the UK's short term rental performance. Read further to explore how the United Kingdom’s short term rental industry is performing mid-COVID and to understand the unique position its property managers are in.

We've boiled down some key conversation topics to cover with your property owners in order to set realistic expectations for property pricing and results in the new normal. In a nutshell: use data to tell your story.

Dynamic pricing is more important now than ever to stay competitive in a quickly changing landscape. We believe spending dedicated time focused on pricing will be critical in the recovery process and that you should be ready for a flood of short lead time bookings. Read on for further thoughts!

How can property managers leverage rental policies to generate more rental revenue? Here are four key levers to consider in ensuring your cancellation policy is fair, competitive, and is able to attract the sprouting guest demand for vacation rentals.

It is critical, especially in these trying times, that vacation rental property managers implement active revenue management by investing time and resources in using objective data to make pricing decisions for their business. Here are some of our thoughts on these practices.

Last week we identified three key indicators to look out for to know if your market is on its way to recovery from COVID-19. Here we will take a look at a few more.

Here we examine anonymized revenue pacing by markets to give context to how different areas are coping with the challenges related to COVID-19. This will help all of us anticipate the lows & some highs we're seeing, which allows us to make better business planning decisions in these turbulent times.

We have identified several key indicators to look out for to know if your market is on its way to recovery from COVID-19. Here we are introducing and analyzing a few of them.

Since January, we have been monitoring markets impacted by COVID-19 and have focused on several key indicators to identify important trends ahead of time. Here's a look into how we have been monitoring markets as well as the indicators to look out for when your own market starts to recover.

Another key metric that has shifted dramatically is booking lead times, and larger cities have seen the greatest deviation by far. We took a look at the data and focused on the median booking lead time for reservations before and after March 14 in the largest cities in the US and around the world.

We’ve examined some of the cancellation trends we've seen as a result of travel bans, but what about the bookings that are still coming in? What can the data tell us about those?

We hear you, we are here for you, and we will continue to be here for you. We take pride in being on the same team as property managers. That’s why we’ve always aligned our revenue with our customers’s revenue; we make money when you do.

Following the announcement of travel restrictions for people entering the United States from Europe last Wednesday evening, we have seen a significant spike in cancellations for stays in vacation rentals across the United States.

While there are concerns about a downturn for the market in general, property managers are most acutely feeling the impacts in the short term due to widespread cancellations.

With never ending talk of the COVID-19 virus, we wanted to share some of our top tips for vacation rental managers to stay on top of their strategy as it pertains to these changes in high-level travel trends.

Hurricanes, natural disasters, floods, and wildfires are nothing new to vacation rental property managers, but how does the threat of a worldwide pandemic, like Coronavirus, affect bookings? When facing unexpected travel restrictions, what’s the best strategy to defend your revenue?