Owner Relationship
Establishing and nurturing a strong owner relationship is paramount in attaining, preserving, or elevating rankings and guest experiences. We have outlined the key aspects of this relationship in the Owner Relationship Questions (ORQ) framework provided below:
- Are you opposed if we set a low price for the first month of launching to get a stable booking pace and have good reviews?
- Do you support flexible prices (adjusting lower or higher by 40% from the base price) to have an occupancy rate of more than 60% each month?
- Do you support if we reduce prices on nearly expired dates (last-minute discount) and unsold gap nights by up to 35% compared to the normal price?
- Do you have any issues with the length of stay offering lower rates by up to 30% compared to daily rates? (This could be a number of days, weekly, and monthly.)
- Do you have any issues if we manage all inquiries received from your side to convert them into bookings?
- Do you prioritize guest satisfaction over ROI when managing the property?
- Will you adjust your behavior after we give feedback, and in turn, provide us with transparent feedback?