b) Predict Future Trends: Hotel brands, Online travel agencies and Lodging REITs are looking for insights from the vacation rental industry in order to prepare themselves for the battle. Companies in the travel industry can use web scraping to predict how things might unfold for all the parties in the future.
c) Market Research: Market research is an inevitable activity in the business world. Any market research requires large amounts of data and an effective analytics system in place to extract key statistics on the changes in market.
Pricing intelligence has taken off as a key competitor intelligence practice in the online world. Vacation rental sites are no different when it comes to the price war. Since there are big brands that list multiple properties on vacation rental sites like AirBnb, Flipkey and HomeAway, it’s important for them to be competitive with their rental listing prices. Using web scraping, the price data for similar properties in any given geo-location can be tracked and used for pricing their listings for maximum profitability. With web scraping, extracting price data from multiple vacation rental sites on a daily basis is easy and cost efficient.
There are aggregator sites in every space now. These sites that fetch and display information available on multiple sites helps customers compare the options to make faster and informed decisions about their travel plans. Since customers can be on a lean budget and price conscious when it comes to travel, price aggregator sites will continue to be in demand. The easy option to compare prices across multiple vacation rental portals at one place is the primary USP of aggregator sites. Needless to say, you will need a robust web scraping service to back you if you are planning to build a vacation rental aggregator.
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