IoT, asset management and transforming the short-term rental experience - PhocusWire
Summary
This article discusses the intersection of IoT (Internet of Things) and asset management with the short-term rental experience. While the specific content isn't detailed in this snippet, it suggests a focus on leveraging technology to improve operations and guest experiences, which is something hosts should keep an eye on.
Key Insights
- •The article's title indicates a discussion on how IoT and asset management can transform the STR experience, implying increased efficiency and improved guest satisfaction.
Action Items
- ✓Consider researching how IoT devices can enhance your property management, guest experience, and maintenance processes.Effort: mediumImpact: medium
Tools & Resources
- →The article likely discusses tools and services related to IoT and asset management, which hosts can explore.
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.