In today’s data-driven world, analytics can be a game-changer for rental hosts. 
Sometimes reviews and feedback aren’t enough to pinpoint 
what your rental needs.
You can use data and analytics to make decisions that lead to more successful, profitable properties. 
Having the right insights at your fingertips can help you stay ahead in a competitive market. 
Real estate investor Natalie Bruno joined our Women’s Money Wisdom podcast and shared some of her tips.
Empowered decision making
Data can empower hosts to set the right price at the right time. 
Short-term rental pricing fluctuates with demand. Understanding occupancy trends, local events, and seasonal demand can help you make pricing adjustments that maximize both bookings and revenue!
Act on guest insights
Beyond pricing, analytics provides insights into guest preferences and behaviors. Are guests consistently giving feedback about certain amenities? Are specific property features driving bookings? 
By tracking guest behavior data, you can better understand what makes your property attractive to travelers. This info helps you prioritize investments that offer the highest return. 
Manage expenses effectively
Understanding your property’s occupancy and booking trends helps you anticipate maintenance needs, allocate funds for upgrades, and ensure you’re not overspending on unnecessary items. 
Predictive data can even hep you plan when to set aside extra funds for off-season maintenance or peak-season staff!
If you’re looking to take your rental business to the next level, this episode provides the tools and tips to use analytics to your advantage.
Listen 
to the Women’s Money Wisdom podcast episode 185 here.
