Four Powerful AI Tools that no-one talks about
Summary
This article discusses four AI tools (Monica, Fathom, Cody, Ghost Write, and Tavus) that can potentially improve productivity and the guest experience for short-term rental hosts. It also includes links to related podcast episodes that cover revenue management, CEO strategies, and comparing hotel vs Airbnb revenue management, encouraging hosts to explore AI tools to stay competitive.
Key Insights
- •The article highlights four AI tools: Monica (translation and rewriting), Fathom (transcription and summarization), Cody (chatbot for training), Ghost Write (email response automation), and Tavus (personalized video marketing).
- •The hosts emphasize the importance of adopting AI to stay competitive in personalized marketing.
Action Items
- ✓Explore and consider implementing the AI tools (Monica, Fathom, Cody, Ghost Write, Tavus) mentioned in the article to improve efficiency and guest experience.Effort: mediumImpact: medium
Tools & Resources
- →GPFYP VIP Success Program: The article mentions the GPFYP VIP Success Program.
- →Boostly: The article mentions Boostly as a source for Mark's favorite AI tools.
Related News
User Profile: Mountainside Treasures
This article shares the experiences of an STR host who has grown their business from a single condo to nearly 30 properties, highlighting the importance of guest service and the use of OwnerRez. The host emphasizes that delivering a good guest experience is a key factor for success, and struggles with the power of OTAs and challenging guests. Consider OwnerRez as a key tool for managing your properties.
Owner Statements 2.0: Faster, Clearer and Built for Growing Portfolios
Lodgify has released Owner Statements 2.0, promising faster and clearer reporting for property managers. This update aims to cut down manual work and improve the quality of reports shared with owners.
Financial firms face rising cyber risks, data challenges
This article discusses rising cyber risks and data challenges in the financial services industry, including fraud prevention using AI. While not directly about STRs, it highlights the importance of data quality, which directly impacts the effective use of AI for risk management and decision-making for STRs.
Booking.com Refunds Policy: Process and Ts & Cs Explained
This article from iGMS explains Booking.com's refund policies and cancellation options for hosts. It highlights the importance of choosing a cancellation policy that balances flexibility to attract bookings with financial considerations, and encourages hosts to experiment with different policies and rates to find the ideal balance.