Vacation rental pros depend less on Airbnb as they grow; PMS and dynamic pricing key to tech stack - RSU by PriceLabs

Google News - STR Property Management
Published: December 14, 2022
Hosting Operations

Summary

Vacation rental professionals are increasingly relying less on Airbnb as their businesses grow. This shift is driven by a greater emphasis on property management systems (PMS) and dynamic pricing strategies to maximize revenue. The use of technology is becoming key for successful short-term rental management.

Key Insights

  • PMS and dynamic pricing are becoming essential components of the tech stack for vacation rental businesses.
  • Vacation rental professionals are depending less on Airbnb as their businesses expand.

Action Items

  • Consider implementing a PMS to manage multiple listings and automate tasks.
    Effort: medium
    Impact: medium
  • Explore dynamic pricing tools to optimize revenue based on market demand.
    Effort: medium
    Impact: high

Tools & Resources

  • PriceLabs: The article is 'RSU by PriceLabs'.

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