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How AI Can Help In Managing Serviced Accommodation Business

Managing a serviced accommodation is not an easy task. There is lots of work to do, from handling bookings to managing properties whilst keeping guests satisfied and balancing the financials. With the rise of artificial intelligence (AI), there has been a change in the mode of business in many sectors including the Serviced Accommodation Business. 

Whether you are an Owner of a single property or a Host with multiple serviced apartments, AI tools will help to streamline your operations, increase efficiencies in many ways, and make even more money. In this blog, we will discuss how AI technologies can change the Serviced Accommodation Business by executing many operations in real time, offering intelligent information, summarizing business processes, and enhancing guest services.

What is a Serviced Accommodation Business?

A serviced accommodation business is the management of apartments, houses, or rooms fully furnished, designed, and available for use on a short or long term basis. Similar to a hotel, these properties may also be offered along with services such as cleaning, wifi, and other facilities, but there is more room and relaxation available as opposed to a conventional hotel.

It caters to business persons on the move, vacation travelers, and also people on the move like digital nomads who would rather not stay in hotels. Managing a serviced accommodation business can be, depending on the appointment, extremely complicated including the management of many tasks scheduling bookings and communicating with guests on one hand or scheduling work with cleaners or maintaining the property on the other hand. Here is why AI will become indispensable when managing buildings.

How AI Can Help Manage a Serviced Accommodation Business

The Serviced Accommodation Business is not going to remain the same because of AI, which to a great extent, simplifies or even eliminates some of the manual time consuming tasks. Here are some key ways AI can help manage your business:

  1. Improving the Management of Bookings

Booking systems can be made more efficient with the use of some AI tools available. This enhances not just the rate of room occupancy but also room profitability. Another reservation common problem is overbooking; AI tools can help with this by notifying changes in room availability to a number of sites at once.

  1. Improving Guest Communication

Proper communication is of the utmost importance in the Serviced Accommodation Business. AI call agents can manage guest queries any time of the day, assisting guests with general questions and promoting sightseeing or other offered services. Experiences in the hospitality industry are enhanced and in-house property managers’ tasks are reduced.

  1. Maintenance and Cleaning Management

AI can help predict when maintenance will need to be carried out based on the consumption patterns of different machines and appliances. AI can also handle the allocation of cleaning staff and allocate tasks to them without delay, thus rooms are well cleaned at all times.

  1. Data-Driven Decision Making

Owing to their ability to comprehend the preferences of guests, booking patterns, as well as feedback given by guests, AI tools can collect huge amounts of data which can be useful in offering valuable information. This strategy can help in setting the prices and improving customer experiences as well.

AI Tools to Use While Managing a Serviced Accommodation Business

There are several AI tools available that specifically meet the demands of the Serviced Accommodation Business. Among the two new providers in the market that use AI to integrate into existing businesses are:

Aiyourbnb

Aiyourbnb is a consumer engagement tool that is meant for controlling all functions of your Serviced Accommodation Business from reservations and interactions with the guests to the pricing policies. This tool employs the use of artificial intelligence to enhance the experience of each guest while ensuring efficiency in the management of the property. Using Aiyourbnb, property managers will eliminate mundane activities from their schedules and use the time on other business matters.

Automateyourbnb

Looking for solutions to operational challenges for your Serviced Accommodation Business? Automateyourbnb has AI-based solutions for that purpose. This Airbnb Automation Tools is aimed at relieving property managers of the burden of manually performing optimizations on guest communications, pricing, and scheduling, thus increasing occupancy rates. The features of the platform are so exhaustive that there is very little chance that the guests and properties will be targeted similarly.

Things That AI Can Automate in a Serviced Accommodation Business

Out of all the advantages that AI can offer to a Serviced Accommodation Business, one of the biggest is the automation of processes. Further, here are some processes, which AI can take care of:

Dynamic Pricing

Based on the location and date of booking, AI pricing systems can provide the best prices for rent or even purchase of a particular property by analyzing market movements, demand, competitive prices, and property availability automatically. This guarantees that the occupancy of assets is improved since there is no need to keep on changing the pricing manually all the time.

Guest Check-ins and Check-outs

All tasks related to check-ins and check-outs can completely be handled by AI systems and no human SSL is required. Because of the interconnection of AI systems with smart locks and other property management systems, guests do not have to physically check in as the system will email their access codes to establish their credentials, and allow for quick check-outs as well.

Maintenance Requests

With the use of AI, there is the ability to follow equipment and systems (such as HVAC and plumbing) inside the property and dispatch maintenance personnel as soon as the system realizes there is a fault. This minimizes the time and helps in maintaining the properties within the required standards.

Housekeeping Schedules

Based on the reservations that have been made, AI can assign and monitor the cleaning of the different zones within the property in between bookings. This enables faster and more efficient cleaning of the rooms after their previous guests, thus enhancing faster checking of the guests into the hotel.

Conclusion

AI integration with the Serviced Accommodation Business is no longer the stuff of science fiction, it is an actual practice that property managers can take advantage of today. AI-based tools like Aiyourbnb and Automateyourbnb can help you in the management of the properties from booking to housekeeping and maintenance. With AI, you can cut down on operational expenses, enhance guest experience, and grow your business more efficiently.

With so much competition, it is essential to get to the next level which includes the adoption of the latest technologies. Every Serviced Accommodation Business must be successful in the current era due to the availability of various technologies. AI provides the much-needed freedom, efficiency, and accuracy that all Serviced Accommodation Business owners yearn for today.

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