How Livalia managed their hybrid stays using MonkSpaces.Ai's help
Overview
Livalia offers coliving spaces or shared accomodation for working professionals or students in Lyon, France. They bring about emphasis on community living, arranging multiple social events for their tenants.
Business Challenges to Our Solutions
Challenge 1
Inefficient Hybrid Stay Management
Livalia was taking bookings ranging from 1 night to 1 year, depending on the property. They were struggling to keep the pricing configurations fo the same in 1 place, and were losing bookings due to inefficiency.
Solution
Using our system's pricing configurations, Livalia were able to build customised pricing and leasing models for their different unit categories.40%
Increase in bookings after implementation55%
Reduction in CAC across the businessChallenge 2
Bed-by-bed leasing
Livalia was open to guests booking an entire room for themselves, or booking only 1 bed in a shared room. Their previous system did not allow for this flexibility.
Solution
The booking channel built for Livalia allowed them to list whole rooms as well as beds. Bookings that came through the website would automatically get their contracts recorded onto the database according to the nature of the booking, i.e. for a room or a bed.25%
Percentage of shared bed bookings from total bookings10%
Increase of shared bed bookings after system implementation
MonkSpaces.AI provided a unified & customized platform to us to fulfil our customization needs, facilitate seamless integrations with other tools and get enhanced visibility into the business across different geographies.
