A model where multiple investors share ownership of a vacation property, typically a high-end condo or villa, and receive usage rights for a portion of the year.
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A key performance indicator (KPI) in the hospitality industry that measures the revenue generated per available rental unit, calculated as average daily…
A thorough cleaning process that goes beyond standard cleaning procedures, often conducted between guest stays to ensure hygiene and sanitation.
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Using pre-written messages to streamline guest communication, often customized for specific inquiries or situations, enhancing efficiency in guest relations.