res:harmonics’ Post

Longer stays minimise vacant periods while reducing turnover costs, however limiting an asset exclusively to long stays can lead to missed opportunities for maximising revenue during peak seasons. Coliving spaces in seasonal tourist hot spots can benefit from a flexible approach by offering long-stay tenancies during quiet months, before converting to a short-stay hostel model to capitalise on demand during peak tourist season. An all-in-one PMS manages these flexible spaces, with bookable amenities such as desks, meeting rooms, and event rooms, all eligible to be booked and paid for instantly through a system like res:harmonics. In our latest article, Giles Horwitch-Smith (res:harmonics CEO and founder), provides insight into how operators manage hybrid typologies to maximise profit 👉 https://lnkd.in/etmyTgUj

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