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How GuestReady Boosted Revenue Per Property by 20%

Writer's picture: Anushka MimaniAnushka Mimani



Client: GuestReady


Background: GuestReady, a leading property management company specializing in managing short-term rentals across multiple cities, struggled with scaling their operations efficiently. As their portfolio of properties grew, the team faced challenges in maintaining guest satisfaction while ensuring operational excellence.


Challenges:

  1. Guest Communication: Responding to inquiries, providing check-in instructions, and handling common questions manually was time-consuming and often delayed responses.

  2. Dynamic Pricing: Regular updates to property rates to reflect market conditions required substantial manual effort.

  3. Cleaning and Maintenance Coordination: Cleaning schedules were often delayed or conflicted due to poor coordination, leading to guest dissatisfaction.


Solution: MCode collaborated with GuestReady to implement a tailored automation solution to address their operational challenges:


  • Automated Guest Communication:

    • Integrated Airbnb’s API with an automated messaging platform to send immediate responses to booking inquiries and guest questions.

    • Scheduled pre-arrival emails with check-in instructions and post-departure thank-you messages to enhance the guest experience.

  • Dynamic Pricing Optimization:

    • Leveraged a dynamic pricing tool (e.g., Beyond Pricing or PriceLabs) to automatically adjust nightly rates based on local events, market demand, and competitor pricing.

    • Integrated the tool into GuestReady’s central property management system for seamless updates.

  • Cleaning and Maintenance Workflow:

    • Built an automated cleaning scheduler linked to booking updates, ensuring cleaners were assigned tasks immediately after bookings were confirmed or canceled.

    • Developed a task management system to allow cleaners to check off tasks and upload completion photos, ensuring quality control.


Results:

  • 85% faster response times: Automated communication ensured inquiries and issues were addressed promptly.

  • 20% increase in average revenue per property: Dynamic pricing kept properties competitively priced, leading to higher occupancy rates.

  • 25% improvement in operational efficiency: Automation reduced the workload for staff, enabling the team to focus on growing the business.


Testimonial:"MCode’s automation solutions have revolutionized how we operate. We now spend less time on repetitive tasks and more on delivering exceptional guest experiences. Our portfolio growth no longer feels overwhelming."— Operations Manager, GuestReady

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