Guesty’s analytics tools give you a bird’s-eye view of your rentals’ performance. You can filter your rental analytics to show your overall revenue for a specified date range or your revenue per listing. 

Our vacation rental analytics can quantify your business performance according to overall revenue, your commission/net income and your occupancy rates. Your revenue per channel and revenue by source (accommodation fee, cleaning fare, taxes etc) will be broken down into two pie charts.

In order to determine where you’re going, you need to figure out where you are. By closely monitoring your performance according to a variety of metrics, you can identify the strengths and weaknesses in your business and then work to replicate your successes and diminish your losses. 

For example, by analyzing your rentals’ performance, you may find that one of your listings lags behind in occupancy. You can then try to determine what factors are contributing to this (be it the quality of the photographs on its listing page, the number of channels on which you advertise it, the amenities it offers or some other potential shortcoming) and work to improve the property’s appeal so you can boost your overall revenue.

There are many analytics tools you can use to measure your rentals’ performance, but there are  major benefits of using one that is integrated with a centralized property management software. First of all, a rental analytics tool designed specifically for the analysis of a short-term rental business is bound to have everything you need. Second, an analytics platform that is integrated with your primary software will be able to automatically access all relevant data pertaining to your business, so you can skip the hassle of manually inputting your information.