A metric that tracks the total number of nights a short-term rental property is booked over a specific period, expressed as a percentage of the total available nights.
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Feedback and ratings provided by guests after their stay, influencing the property’s reputation and visibility on platforms like Airbnb and VRBO.
A pricing strategy where hosts offer reduced rates for guests who book longer stays, incentivizing extended bookings.
The level of involvement and interaction a host has with the local community, including respecting local regulations, supporting local businesses, and fostering…
A legally binding contract between the property owner/manager and the guest, outlining the terms and conditions of the stay.