A look at the next quarter in the short-term rental market
For the last 10 years, vacation and short-term rental veterans have operated in an environment dominated by one constant: change. The latest 'change' to hit our industry, the COVID-19 pandemic, reshuffled everything in unpredictable ways. For some owners and managers, business has never been better. Near 0 vacancies, higher average daily rates, and more inquiries for future bookings than ever. For others, it's worse than any worse-case scenario imaginable.
The maturity model, what it is and why it matters
Business analytical tools can be used to help VRMCs evaluate existing processes, and determine where gains, growth and improvements can be achieved. One of these tools is the maturity model. This simple, yet powerful tool is used to paint a picture of how efficient and effective a company operates within an industry.
“Hostfully is one of that unique software that seems to transcend property count. Easily the most high-powered tool for owners and managers of all shapes and sizes”
- Matt Landau, Founder, VRMB