Running a successful short-term rental business goes beyond managing bookings and responding to guests. To truly thrive, you need to understand your performance across key business areas, like your guest experience, operations, revenue, and reviews. However, manually researching this takes time, and human error is always a factor that can lead to costly mistakes.
That’s why we’re excited to announce that Copilot, your personal AI assistant and strategic partner, is now available from your Hospitable main menu! Access Copilot from anywhere in the Hospitable app and ask it questions to understand your business metrics better.
With growing competition and rising guest expectations, it’s more important than ever for hosts to stay ahead. Copilot dives through your reservation history, reviews, and operational data to deliver instant, actionable insights that help you improve efficiency, elevate guest experiences, and grow your business without the time-consuming number crunching.
How’s It Work?
Using Copilot AI Assistant
You’ll find Copilot under the main menu on the left-hand side of your Hospitable account. Once opened, Copilot will answer your business-related questions in plain language. Just ask questions like, “How’s my occupancy rate this month?” or “Which properties are getting the best reviews?” and Copilot will generate a detailed, data-driven response within seconds.
Copilot analyzes your real-time reservations, reviews, and performance data to identify trends, identify areas for improvement, and highlight what’s working well and what can be improved. But it does more than just answer questions; it helps you spot patterns and take strategic action.
Here are a few examples of questions Copilot can answer:
- How does my revenue compare month over month?
- Where are the majority of my guests visiting from?
- What is my average nightly rate across all listings this year?
- Which guest issues are most commonly reported in reviews?
Why Use It?
There are plenty of reasons to use Copilot to make strategic improvements to your rental business, but here are the ones that can help make the most significant impact:
- Gain Instant Insights. Skip the spreadsheets, complicated dashboards, and manual data analysis, and use Copilot to answer questions instantly using your account data.
- Make Informed Decisions. Whether you want to adjust pricing, optimize your operations, or identify your top-performing listings, Copilot gives you the insights to make strategic decisions quickly and confidently.
- Save Time on Reporting. Copilot surfaces the data you need in seconds, saving hours spent creating reports or manually reviewing performance metrics.
- Improve Guest Experience. Copilot highlights guest review trends so you can proactively resolve recurring issues and enhance the guest experience, leading to more positive reviews and repeat bookings.
- Grow Your Business. With powerful, real-time insights, you can confidently identify new opportunities, fine-tune your strategy, and scale your rental business.
Copilot is available exclusively for Mogul plan users and evolves with new capabilities being added regularly.
What Do You Think?
We would love to hear your thoughts about Copilot. Is there something you’d like to see in the feature's coming iterations? Fill out the form below!
Stay tuned for more product updates!
