A pricing strategy where the cost of expenses like cleaning, utilities, and maintenance are calculated first. Then, the desired profit margin is added to determine the rental rate.
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Additional offerings provided to enhance the guest experience, such as airport transfers, grocery delivery, in-house chef services, or organized tours and activities.
A metric used to measure the percentage of time a short-term rental property is booked over a specific period, indicating the property’s…
Integrating smart home technology to automate tasks like temperature control, lighting, and security, enhancing guest convenience and energy efficiency.
A container, typically made of wicker, fabric, or plastic, provided in short-term rentals for guests to store dirty laundry.