At ListingOK we are people serving people’s needs. When you work with us you will not only receive a software but you will have a team dedicated to provide you with the best Premium Revenue Management Service.
We have our own Revenue Management System, which means that we have a revenue management system created especially to meet the needs of our clients.
You can be one of our customers!
Our clients are Property Owners and Property Managers who benefit from ListingOK’s expertise and strategies to manage the availability and pricing of their accommodations to achieve the best possible returns.
With our proprietary Revenue Management System we ensure that Property Owners and Property Managers the right properties to the right guests, at the right price, at the right time and through the right channel.
To achieve this objective, we monitor in real time the different variables that affect the optimal construction of the price and availability. We analyze the data and apply Machine Learning tools to dynamically adjust prices(Dynamic Pricing) and predict occupancy(Occupancy Forecast).
For each of our clients we make projections, build models, draw statistics, prepare reports and define the best strategy for their accommodations.
But we don’t stop there. In addition to generating the information and delivering it to our clients, we accompany the execution of customized strategies with continuous monitoring of the property’s performance by the revenue manager responsible for each account.
Your properties will have the best possible performance on all Short Term Rentals platforms where your listings are published.
Through Channel Managers we connect with Online Travel Agencies (known as OTAs) such as Airbnb, Booking.com, Expedia Group’s Vrbo, Despegar, Trip Group… which allows us to automatically update rates, availability and bookings in all OTAs at the same time.
We achieve the best positioning in search results(Search Position) within Airbnb and Booking.com, among other online agencies, so that thelistings of each of the accommodations we are in charge of are the most visible and have the highest conversion rates.
The Dynamic Pricing Advantage
ListingOK offers a professional and personalized service in all areas related to Revenue Management for short term rental apartments (STRs).
One of these areas isDynamic Pricing.
Dynamic Pricing is a strategy that adjusts the rental price of an accommodation based on demand and real-time market movements.
We achieve this through the implementation of Artificial Intelligence tools, which allows us to provide our clients with a range of benefits related to the management of their property prices with a forecast range of up to four months.
For each of the properties we establish predefined pricing strategies to determine customized rates, price limits, discounts and promotions, and seasonality adjustments.
We continuously monitor each variable to manage the performance of each property and reach its optimal point.
Property prices are updated daily, including weekend updates.
Growth Performance
At ListingOK we track the historical performance of each property and establish projections and strategies based on the data observed for that particular property and market movements in general.
We take care of analyzing all the variables that influence the rental yield of properties to determine their level of financial health and thus know their profitability.
Our team works together with our clients to optimize their property listings on online travel agencies (OTAs), such as Booking.com and Airbnb, to get the most out of each platform and the best placement in search results.
All the balances obtained from the continuous performance analysis are periodically delivered to our clients and studied as a whole, which improves their business and favors informed decision making.
Market Data and Competitor Analysis
At ListingOK we have our own Revenue Management Software (RMS) to provide the best service to the Property Owners and Property Managers that work with us.
Our RMS is a cloud-based platform that monitors in real time all the variables that influence the optimal pricing and availability of each property.
But our clients not only receive a software, but also a team of people dedicated to make your business grow from the analysis of concrete data about the market and the competition.
We apply various analysis tools on local data of the neighborhood where each property is located and perform market intelligence. In turn, we provide a complete visualization of the interactive geographic map with view options according to the different parameters required by managers and owners to understand the position of their accommodation with respect to others in the same area.
We offer analytical reports containing graphs of AnnualRevenue,Occupancy Rate andAverage Daily Rate(ADR) for the area in which your properties are located..
Listing Optimization (Ad Improvement)
One of the advantages of working with ListingOK is that Revenue Management impacts OTAs (Online Travel Agencies) such as Airbnb and Booking.com in a positive way favoring better performance on those platforms.
We take care of optimizing the ad position (listing) by improving the configuration and applying SEO tools to have the best search results within each OTA and thus increase its competitiveness and visibility to guests.
In addition to dynamic pricing, we manage the calendar and the variables that make it up, such as minimum and maximum stays, in order to manage it efficiently and minimize unproductive gaps and single days.
In this way, the highest possible conversion rate is obtained for each accommodation.
Personalized and Professional Service
At ListingOK we provide a dedicated human service tailored to the specific needs of each Property Owner and Property Manager that works with us.
Our team of professionals is made up of experts in Revenue Management who carry out specialized management of the income of each account, with a 24-hour communication channel with our clients that provides peace of mind and immediate assistance in case of any doubt.
We prepare reports on each lodging where we analyze its performance, area, competition and historical data.
It also includes the yield potential of a property, both those already owned by our clients and new sites that the Property Managers are planning to incorporate. This service is useful during Property Managers ‘ negotiations with property owners, who can thus expand their client portfolio by demonstrating efficiency and providing confidence.
Do you have any doubts?
If you have questions or would like to speak with an expert from our team to find out how you can improve your STR business with ListingOK, you can schedule a quick call here.
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