Skip to content
Feduci
Feduci
Book a demo Or just message us

+357 99 725 464

Short-term rental revenue management

Earn more revenue

It’s simple: we run revenue management for your villa , on a model where everything your property already earned stays yours.

English and Greek · The demo is free and there is nothing to sign

A villa with a private pool, under management by Feduci
  • Airbnb
  • Booking.com
  • Vrbo
  • Google Vacation Rentals

More revenue, not more work

We take the rate, the calendar, the guests and the paperwork. You keep the property, the final say, and your evenings.

Priced every day, not once a season

Rates move with real demand in your area. A price you set in March is wrong by June, and wrong in the other direction by November.

Our incentive is your upside

On the Fiduciary model you keep everything your property already earned, and we are paid 15% of what we add on top. If we add nothing, €99 a month is the whole of our fee.

Software + a person who owns the result

The tools are available to anyone. The judgement is the job.

Every serious pricing platform is a few clicks and a monthly fee away. What none of them do is decide how much to discount into next month’s gap, when to hold a rate, or which booking to turn down. That decision is made by a person, every day, or it is not made at all.

“I came from auditing. QuickBooks never stopped anyone needing an accountant, and pricing software does not stop anyone needing a revenue manager. The software tells you what the market did. Deciding what to do about it is the job.”
— Elias Kazazis, Founder
+27.8%
Revenue per available night

A property run by someone managing several listings, against one run by its owner

Xie et al., Journal of Hospitality and Tourism Management, 2021

+11.7%
From one pricing decision

Discounting into the booking window instead of holding the rate

Leoni & Nilsson, Int. Journal of Hospitality Management, 2021

−9.5%
What the instinctive move costs

Raising the rate as the date approaches — same study, 2,599 listings

Leoni & Nilsson, 2021

Who we help

Start with the one that sounds like you.

I host my own place

Hosts

You set a summer rate and a winter rate months ago and have barely touched them since. The calendar fills, eventually. What you cannot see is what it would have made if the price had moved with the demand.

  • We take over the calendar and the rate
  • You keep the final say on everything
  • Reporting you can actually read
Feduci For Hosts

I manage for others

Property Managers

You are on top of the cleaners, the check-ins and the owner reports. Pricing is the one you keep meaning to get to — and every night it sits wrong, it is your client’s money and your renewal.

  • We run revenue, you keep the client
  • Works alongside your existing systems
  • Per-property or across the portfolio
Feduci For Property Managers

I am new to this

First-Time Hosts

Not listed yet, or live last month and far too quiet. Either way there are no reviews and no booking history, so the platforms have nothing to rank you on — and the rate you open with decides how long that lasts.

  • Listing built for search, not just for looks
  • Priced to build reviews, then to earn
  • Compliance sorted before you go live
Feduci For First-Time Hosts

How it works

Could someone add 10% to what your property makes this year?

If you think the answer is yes, the standard model has already paid for itself — 10% is exactly what it costs.

And if you would rather not take our word for it, don’t. On the model most owners start on, we agree what your property already earns, you keep every cent of it, and we are paid 15% of whatever we add on top. If we add nothing, the whole of what you have paid us is €99 a month.

Which means you can work out the most this can cost you if it does not work, before you agree to anything. Very little else you buy for that property lets you do that.

What actually happens

01

We learn the property and its market

What it is, who books it, what comparable places nearby actually charge, and what your calendar has done up to now.

02

We audit the listing

Copy, photos, amenities, rules. The quick wins usually sit here, and most of them cost nothing to fix.

03

We set a strategy for this property

A rate, a floor, minimum stays and lead-time rules built around your property and your costs — not a template applied to everyone.

04

We run it daily

Rates move with real demand. Gap nights, shoulder weeks and last-minute windows get handled as they appear, not at the end of the month.

05

We report, and say what we would change

Monthly, in plain language, including the things that did not work. You keep the final say on every rate.

The rate is the core of it, but we take on the listings, the guest messages and the compliance too — because a calendar managed by one person and a rate managed by another will always end up fighting.

The things people ask before they say yes.

Book a demo
Which of the two models would I be on?

That is usually decided for you rather than by you. If your property has a documented trading history, there is a baseline to measure us against, and you go on the Fiduciary model — €99 a month plus 15% of what we add above it. If it has never traded, there is nothing to set a baseline from, so the Standard 10% applies. And once we have run a property for a season or two, the baseline stops being your performance and starts being ours, at which point Standard is the honest arrangement.

Do I have to sign a contract?

Yes — a short written agreement, so both sides know what was agreed. If you are on the Fiduciary model, the baseline goes in it, in writing, taken from your own figures. The first 90 days are a pilot: you can walk away at any point on 30 days’ notice, and that notice period stays the same afterwards. There is no lock-in and no minimum term.

Do you guarantee results?

No. Anyone who guarantees you a revenue number is guessing: demand, competition and the weather are not ours to control. What we commit to is the work, to telling you plainly when something is not working, and to a fee structure where a year of adding nothing costs you €99 a month rather than a share of money we did not earn you.

Do I still control my pricing?

Yes. You keep the final say on every rate and every rule. Most owners stop checking after a month or two, but the door stays open the whole time.

Which platforms do you manage?

Airbnb, Booking.com, Vrbo and Google Vacation Rentals. One calendar across all of them, so there is nothing to keep in sync by hand and no double bookings.

How is this different from the platform’s own smart pricing?

Smart pricing moves your rate against a general algorithm. It does not know your cleaning cost, your minimum stay, or that a seven-night booking at a lower rate can beat three separate weekends. Those are decisions, and a person has to make them.

What makes you qualified to run my rate?

A background in auditing, the same market data the large managers pay for, and a property under management that we run this way every day. We are early — which is exactly why our default model leaves everything your property already earned with you, and why the first 90 days are a pilot you can end on 30 days’ notice. An established firm would have no reason to offer you either.

Why it has to be continuous

A price set once is wrong for most of the year.

This is one year in a single resort market. The best month earns seven times the worst, and more than half the year’s revenue arrives in four months.

That is why pricing is the core of our ongoing service and not something we sell as a one-off package. There is no single correct rate to hand you.

Average RevPAR for around 1,000 short-term rental listings in Pernera and Protaras, month by month from September 2024 to August 2026. It peaks at 279 euro per available night in August 2025 and falls to 30 euro in January 2025, a 9.3 times swing.

Average RevPAR per available night, c. 1,000 listings in Pernera and Protaras. Source: PriceLabs market data, September 2024 – August 2026. The series ends at August 2026; later months are forward bookings, not completed stays.
RevPAR by month, Pernera and Protaras, euros per available night
MonthRevPAR
Sep 2024 €189
Oct 2024 €161
Nov 2024 €58
Dec 2024 €44
Jan 2025 €30
Feb 2025 €35
Mar 2025 €55
Apr 2025 €142
May 2025 €135
Jun 2025 €192
Jul 2025 €233
Aug 2025 €279
Sep 2025 €188
Oct 2025 €158
Nov 2025 €61
Dec 2025 €59
Jan 2026 €36
Feb 2026 €45
Mar 2026 €67
Apr 2026 €137
May 2026 €152
Jun 2026 €171
Jul 2026 €234
Aug 2026 €257
“On average, a price surge … has an adverse effect on revenue. However, the magnitude of such effect exhibits significant heterogeneity among listings.”
Leoni & Nilsson, International Journal of Hospitality Management 95 (2021). The same study the figures above come from. The effect differed enormously from one listing to the next — software applies a rule, and knowing which rule your property needs is the job.

Pricing

You should not pay us for what your property already earned.

So on the model most owners start on, you do not. Same service either way — the only question is whether your property has a trading history we can measure ourselves against.

The model we are named after

Fiduciary

For properties with a trading history

€99/month

+ 15% of revenue above your baseline

We agree in writing what your property already earns, from your own figures. You keep every cent of it. We are paid a share of what we add on top.

  • Your baseline is agreed before we start, not estimated afterwards
  • Everything up to it stays yours
  • If we add nothing, €99 a month is the whole of our fee
  • 90-day pilot — cancel any time on 30 days’ notice
Book a demo

Standard

For properties with no trading history

10%

of total revenue. No monthly fee.

A brand-new listing has nothing to set a baseline from. And once we have run yours for a season, the baseline would be our own work rather than yours — so there is nothing honest left to measure against. Both cases end up here.

  • Nothing to document or agree up front
  • Where new listings start
  • Where the Fiduciary model finishes, once it has proved itself
  • 90-day pilot — cancel any time on 30 days’ notice
Book a demo
The living room of a managed villa, photographed for its listing

Not ready for management? Start here.

A one-off rebuild of the listing itself: copy written for search, photo sequencing, amenity audit, translation. €300, and if you go on to take management the whole €300 comes off what you pay us — so if it convinces you, it cost you nothing. It does not include pricing. Pricing is never a one-time decision.

See what is included

The name

Fiduciary

A fiduciary is someone obliged to act in your interest ahead of their own.

How the commission is calculated A column of revenue. The lower block, up to the agreed baseline, is the owner’s existing earnings and stays entirely with the owner. Above the baseline sits the revenue Feduci adds, and a slice worth fifteen per cent of that growth separates from it as Feduci’s share. Yours Your baseline What we add Ours · 15%

We took the name because it describes the arrangement rather than the ambition. If we are paid a share of what we add above your baseline, then the only way we earn well is to make you earn more first. Our incentive and yours point the same direction, by construction and not by promise.

There is a €99 monthly fee on that model, and we would rather you read it here than find it in a contract. It is not where the money is. If we never beat your baseline, that fee is everything we will ever have been paid — which is the arrangement working exactly as intended, and an uncomfortable year for us.

It also sets the limits. We will tell you when a rate should come down — the research above is the reason that is often the right answer. We will tell you when a property is already priced about right and there is little for us to add. And we will not sell you a one-off pricing exercise, because a price set once is wrong for most of the year.

Ask us anything first

Who you would be dealing with

Elias Kazazis

Founder

I came to this from auditing, where the whole job is checking whether the numbers match what actually happened. When a family member’s property started letting short-term, I did what I would have done at work: found the data, looked at what comparable places were charging, and watched what the calendar did when we changed something.

What struck me was how little of this exists as a discipline. There are plenty of people who will clean a property and answer a message. Far fewer treat the rate itself as the thing that decides what the year is worth. That gap is what Feduci is for.

Free download

The Cyprus short-term rental compliance checklist.

Every registration, tax and safety obligation a Cyprus short-term rental has to meet, in one list you can work through. Written for owners, not for lawyers.

  • Deputy Ministry of Tourism registration, step by step
  • What the tax and VAT position actually is
  • The safety and insurance requirements people miss

One email, one PDF. We will not add you to a mailing list. Privacy.

See what your property should be earning.

A 15-minute call. We pull the real numbers for your market, look at your listing with you, and tell you what we would change about the rate and the calendar. Free, specific to your property, and there is nothing to sign.