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How Hotels And Vacation Rental Price Monitoring Can Be Helpful In Price Intelligence?

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  The vacation rental and room sharing industry is expected to   surpass the hotel industry   by 2020. With high profit margins and a steadily growing market, vacation rental business is here to stay for sure. The competition is also getting stiffer by day, which should be adequate reason for vacation rental companies to look for newer competitive intelligence strategies. Web scraping is one such high-return activity that can give businesses the upper hand in the competition. How Web Data Scraping Work? Web scraping  is a computer technique for  extracting data from websites  on the internet by using programs called web crawlers. It is a technically complex process that requires high end resources and skilled manpower. Instead of manually visiting hundreds of websites to collect relevant data, a web scraping system can be used to do the activity at large scale, with high speed and efficiency. Applications of web scraping in the vacation rental industry Build business intelligence appli