The process of comparing the performance of a short-term rental property against competitors or industry averages to identify areas for improvement.
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Adjusting the terms and conditions under which guests can cancel their reservation, ranging from flexible to strict, impacting both guest booking behavior…
Regularly reviewing and analyzing guest reviews, comments, and feedback from platforms like Airbnb and VRBO to identify areas for improvement and enhance…
The recurring costs associated with running a short-term rental, including cleaning fees, property management fees, utilities, and maintenance.
Offering unique and desirable amenities that cater to the specific interests of the target guest demographic.