Airbnb vs Family Trips / 5 videos: ChatGPT for Hosts / E.U. regulations advance

Last Monday, we analyzed how AI, algorithms, language models, and machine learning are being utilized by Airbnb, Booking, and Vrbo to impact your daily listings in our live event.

Furthermore, we revealed ways in which you can take advantage of similar technologies for your own benefit - whether it be content creation or increasing revenue through more direct bookings.

Although the feedback about the event has been positive, some of you missed it due to email reminders going into your spam inboxes.

To make up for it, not only do we have the?complete video?with a?takeaway article available here,?but I have also recorded each ChatGPT demo I did.?If you watch them on Youtube, you will find the ChatGPT prompt I used under the description of each video.

Best regards,

Thibault Masson

Founder, Rental Scale-Up

Grow your network, add me on?LinkedIn.

-> This is a preview of Rental Scale-Up's free weekly newsletter that delivers vacation rental news, trends, data and much more for hosts, property managers, and industry suppliers alike. Click on any article title to read the article in full.?Sign up here?to get our newsletter in your inbox every week.

Top articles this week?

Affordability and Comfort: Airbnb Targets Budget-Conscious Families

• Airbnb aims to position itself as the ultimate destination for family travel
• However, it may face challenges in shedding its reputation as an?expensive platform
• In response,?Airbnb shared interesting family travel data?and launched a PR campaign promoting affordability and value for families
• It focuses on providing spacious accommodations and necessary amenities at reasonable prices
• Airbnb competes with Vrbo in the family travel market?while seeking to broaden its appeal?beyond short-term rentals for couples
• By catering to new use cases such as long-term rentals, remote work options, and family-friendly accommodations, Airbnb hopes to serve a diverse range of travelers.

EU Reaches Common Position on Short-Term Rental Regulation

• European Ministers for Competitiveness agreed on a plan to regulate short-term accommodation rental services
• Harmonization of registration requirements for hosts and their properties across 27 EU countries
• Hosts are to receive a unique registration number upon completion of registration
• EU countries are to set up?a single digital entry point for data transmission?between rental platforms and public authorities
• Online platforms will have to check the correctness of numbers and can delist non-compliant hosts
• Member states will provide clear information on registration procedures?for short-term rental services

ChatGPT AI Prompts for Airbnb Hosts for Better Listings and Guest Communication

Writing a Listing Description That Connects with Guests

Save Time on Guest Review Replies

Creating an Employee Manual: How to Reply to Guest Reviews

Create SEO-friendly blog topics

Generating guest blog posts ideas for marketing outreach

[CONFERENCE TAKEAWAYS] How A.I. is revolutionizing short-term rental management for increased efficiency and bookings

• On February 28, 2023, we organized a free online conference, bringing together experts in the field of A.I., Machine Learning (ML), and algorithm-powered tools
• In this article, readers will?discover how A.I. can transform short-term rental management?by increasing efficiency, driving bookings, and improving customer loyalty.
• Learn how large Online Travel Agents (OTA) like?Airbnb and Booking.com use computer-powered content, pricing, and personalization?technologies to optimize YOUR listings.
• Find out how vacation rental managers can?use ChatGPT for daily tasks?such as responding to guest inquiries and automating booking confirmations.
• Explore the?different categories of A.I.?and discover?real-world examples of their application in the short-term rental industry.
• Discover a?list of AI-powered tools that hosts and managers can start using today?to streamline operations and drive business growth.
• Get advice on how property managers can?evaluate whether an AI-powered solution from a vendor is worth trying, as well as tips on identifying truly AI-powered technology.
• Finally, learn about the kinds of?data you should collect now to optimize future AI-powered performance.

Video of The Week

[CONFERENCE RECORDING] How short-term rental managers can harness A.I. to optimize their business

ICYMI, here is a recording of our free February online event, titled:?A.I. vs. Short-term Rental Managers:?ChatGPT, Pricing Algorithms, and Predictive Personalization. Our goal with this event was to demonstrate?how A.I. and Machine Learning currently impact short-term rental businesses?in numerous ways and equip hosts and managers with the knowledge needed to?take back control. With the help of Aidaptive’s Braeden Flaherty and Evan Dolgow, and PriceLabs’ Anurag Verma, we were able to accomplish exactly that. Watch for an illuminating hour of insights about how A.I. pervading STRs.

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Industry Events

ITB Berlin 2023

Every year in March the world of international tourism meets at the?World's Leading Travel Trade Show?, ITB Berlin . Since 1966 ITB Berlin has been the cradle, innovation driver and leading platform of the tourism industry and thus the leading trade show for the global travel industry.

In addition to a geographical breakdown by destination, the halls are also divided by market segments on the most important tourism tracks?e.g. Business Travel, MICE, Travel Technology / Mobile Travel Services, Technology, Tours & Activities (TTA), Cultural Tourism, LGBTQ+ Travel, Youth & Adventure Travel, Responsible Tourism, Medical Tourism, Luxury Tourism and Career in Tourism.

??? Berlin, Germany

??? March 7-9, 2023

???? Buy Tickets

No #FOMO

Last week, I talked about the possible return of premium stays on Airbnb in 2023 with the?re-launch of Airbnb Plus and Luxe, analysed opportunities and challenges with?Vrbo’s imminent shift to Expedia Group platform, shared a?list of up-and-coming short-term rental industry influencers?you should watch for, and reported on Minut’s launch of?an outdoor sensor to deter unauthorized backyard parties.

That's all for now.

Have a great rest of the week!