There's nothing worse than hosting a guest, then realizing their payment didn't go through. Sadly, this happens all the time, as chargebacks are among the most common challenges faced in hospitality.
COVID-19 has caused a shift in the short-term rental industry. In response to the pandemic, OTAs cancelled all bookings made through their sites after a certain date.
As a property manager scales their business, it becomes necessary to implement a management software. This essential tool, known as a property management system (PMS) streamlines your operations.
The COVID-19 pandemic has flipped the vacation rental industry upside down, forcing many property managers to rethink their business models.
After losing control of their business through OTAs’ aggressive cancelation policies and reactions to the crisis, hosts realized there’s more at stake than the commission they pay.
The COVID-19 pandemic has disrupted travel globally, causing a drastic decrease in demand along with sweeping short-term rental bans.
Times are tough right now, there’s no doubt about it. And as the COVID-19 pandemic prolongs, it only seems to be getting worse for property managers.
COVID-19 has sent the hospitality industry into a state of flux. With flights grounded, bookings cancelled and employees laid off, travel is on pause.
Since the outbreak of COVID-19, travel restrictions have devastated the hospitality industry. With flights grounded, bookings cancelled and short-term rentals banned, hospitality providers are struggling to find their footing.
There’s no sugarcoating it—times are tough for the short-term rental industry. With the coronavirus pandemic wiping out travel, revenues are at all-time lows.
