Major expenses related to acquiring or upgrading property assets, such as renovations, furniture replacements, or new appliances.
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Crafting compelling and informative listing descriptions that highlight key features, amenities, and benefits to attract bookings.
The organic promotion of a short-term rental business through positive guest reviews, recommendations, and referrals, leveraging guest satisfaction to drive future bookings.
A pricing strategy where different rates are set based on factors like seasonality, demand, or length of stay.
The percentage of property views or inquiries that convert into actual bookings, indicating the effectiveness of marketing and listing optimization efforts.