The luxury travel industry continues to grow in 2024, with guests booking longer, more expensive stays. This rising popularity has led to the appearance of new players, ready to cater to luxury guests. As demand for luxury vacation rentals continues to soar, property managers need to be more strategic about their distribution than ever. Below, […]
Dynamic pricing refers to the practice of adjusting prices based on demand, competition, and other external factors. In the short-term rental industry, dynamic pricing allows hosts to maximize revenue by charging higher prices when demand is high and lower prices when demand is low. This pricing strategy, enabled by advanced algorithms and data analytics, is […]
Booking a vacation rental has become a popular travel lodging option. According to Statista, the vacation rental market is projected to reach $100.30 billion in 2024. Platforms, like Airbnb and VRBO make finding and booking short-term rentals hassle-free. Optimizing your pricing strategy and presentation as a vacation rental host is crucial for maximizing bookings and […]
Offering multiple rate plans is one of the best ways to attract more guests, maximise your reach and increase profit on Booking.com. The two most popular rate plans on Booking.com are Fully Flexible and Non-Refundable. These plans allow guests to choose the best booking options and prices according to their needs. In this post, we’ll […]
You’ve listed your properties on Booking.com, and you’re still waiting for your first reservation. Don’t worry – getting your first booking on a new channel is a frustrating challenge for many property managers. But as soon as you get the ball rolling with a booking, you’ll build trust on the website. And this, in turn, […]
Promotions are a great way to get more visibility and increase your income. If you list on Booking.com, you can attract more guests by using the channel’s Mobile and Country Rates. Mobile and Country rates allow you to offer a special price to guests booking on mobile, or in certain countries. In this article, we’ll […]