As a revenue or property manager, how do you ensure your results and metrics improve? The critical first step is internal reservations data and market data, which allow you to project and set targets, track progress and identify key areas to make adjustments. First we take you through each type of vacation rental data and its relevance, then we look at applications and resources, including our very own Transparent tools.
Revenue Management
From Full Vacation Rental Occupancy to Full Vacation Rental Profit
It’s key to strike a balance between vacation rental occupancy and rate in order to maximize revenue: In this article, VacayMyWay shows us more effective ways to track and measure performance than looking purely at occupancy, and provides some top tips for balancing occupancy with ADR.
Airbnb Profit Calculator: what data & estimations do you get?
What data do you get from the Airbnb Profit Calculator? Try it here or read on to find out what you get from our tool, also called airbnb investment calculator, including:
– Annual Revenue
– Average Daily Rate
– Occupancy Rate
– 12-month future forecasts
– Neighbor analysis
How To Thrive in Short-Term Rentals with Proactive Revenue Management
What does it take to thrive in short-term rentals? Beyond jump in to explain how proactive revenue management is a vital piece of the puzzle. We take a look at three things you can do to make sure your vacation rental portfolio is not only surviving these turbulent times, but thriving and making you more money.
Why your new vacation rental listings need a rating ASAP
New vacation rental listings need a rating. Review scores and numbers on OTAs are said to be the second most critical factor in a guest’s decision-making (after photos) – and guests mean revenue! Read on for top tips from Thibault of Rental Scale-Up, on how to secure those all important early, positive reviews and why they’re so crucial.
Grow your portfolio: investing in high-performing short-term rentals
Investing in high-performing short-term rentals is clearly the name of the game – but how do you pick the wheat from the chaff? Co-founder & COO of last-minute booking app Staze, Henry Popiolek, walks us through how to identify the right UK short-term rentals in this new, critical climate.
2021 Vacation Rentals & Flights – What’s on the books?
ForwardKeys joined forces with Transparent to share the current booking trends each data provider is noticing. And guess what? Many similarities emphasise how intertwined and dependent the hospitality sector is on government travel restrictions and the rights to fly. Read on for ForwardKeys’ analysis highlights on the current state of 2021 vacation rentals and flights.
Looking Forward: Using Historical Data vs Demand Data to Price Your Vacation Rentals – Rented
Talia Lockard from vacation rental revenue management service Rented, borrows our blog to weigh up the use of historical and demand data in pricing your short term rental portfolio.
Learn about using historical and forward looking demand data.
Pricing by pacing: vacation rental ADR & booking pacing in your market
Pacing can be revolutionary to your revenue management. Vacation rental property managers are able to track and remedy stock performance on forthcoming dates by rate, occupancy and reservations. Read more to ensure that you stay ahead of the curve – literally.
Top performing US vacation rental markets through COVID-19 & 2021 outlook
Which are the top performing US vacation rental markets attracting higher demand through current challenges?
In April 2020, US reservations were down 94% on 2019. Some areas however, have climbed out of this abyss, and through 2020 even secured more reservations than 2019. So which US vacation rental markets are currently booming?
Transparent & AirDNA alternatives: Which vacation rental data solution?
Choosing a vacation rental data platform can be overwhelming. We want to make it as easy as possible to understand the differences between Transparent and AirDNA alternatives and pick the best platform for you, even if it’s not us. Here is a handy feature comparison to help you compare Transparent, AirDNA and in-platform data tool alternatives.