How to Limit the Impact of Coronavirus Cancellations for Short-Term Rental
We’re now well aware of the far-reaching consequences of the coronavirus pandemic on the short-term rental industry. Property managers around the world are faced with an inevitable influx of booking cancellations. While it may seem like the only option is to brace for impact, now is the time to be proactive. With this global crisis putting the world somewhat on pause, it’s critical to consider new strategies for preventing future cancellations and ensuring that canceled bookings aren’t entirely lost opportunities. Here are some key strategies for making the most of current cancellations and mitigating the risk of future losses. Targeting the right customers Short stay