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Mike and E discuss the intricacies of interpreting data in the short-term rental industry with guest Anurag Verma, co-founder of PriceLabs. The conversation covers the potential dangers and benefits of data interpretation, recent updates to the PriceLabs platform, and current industry trends, including occupancy rates, ADR, and RevPAR. Listeners will gain valuable insights into effective revenue management strategies, the importance of customer feedback, and the impact of macroeconomic factors on the short-term rental market.\n\n00:00\xa0Introduction to Data Interpretation\n00:26\xa0Meet the Hosts and Their Unique Real Estate Approach\n01:08\xa0Special Guest Introduction: Anurag Verma from PriceLabs\n02:42\xa0Industry Trends and Market Analysis\n06:27\xa0Revenue Management Strategies\n16:22\xa0New Tools and Features from PriceLabs\n26:20\xa0Mastering Property Filters\n28:42\xa0Navigating Market Trends and Supply\n30:31\xa0Airline Industry Insights and Market Cycles\n34:18\xa0Adapting to Market Changes\n40:15\xa0Enhancing User Experience with Multi-Calendar\n46:41\xa0Customer-Centric Development\n51:07\xa0Final Thoughts and Recommendations\n\nAnurag Verma's Bio\nAnurag Verma is the co-founder of PriceLabs. Before PriceLabs, Anurag was with United Airlines for six years designing and improving revenue management algorithms and systems. In 2014 he brought his experience of revenue management automation prevalent in airlines and hotels into the vacation and short-term rental industry. With a background in mathematics and statistics, Anurag is also a PhD in Operations Research.\n\nConnect with Anurag\nhttps://www.linkedin.com/in/anuragxverma/\n\nConnect with the Hosts\nMichael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin\nhttps://linktr.ee/mikesjogren\nEmanuele Pani: Clubhouse | Instagram | Facebook | Linkedin\nLearn more about your ad choices. Visit megaphone.fm/adchoices