A revenue management approach for short-term rentals that focuses on optimizing pricing and occupancy to maximize profitability, often using data analytics and forecasting tools.
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A promotional strategy where short-term rental businesses actively reach out to potential guests through targeted advertising, email campaigns, or special offers to…
Refers to properties with multiple units rented out individually, such as apartment buildings or condominiums, often managed by a single host or…
The use of devices or systems to monitor noise levels within a short-term rental property to ensure guests are respecting house rules…
A cancellation policy that allows guests to cancel their reservation and receive a full or partial refund up to a certain point…