Refers to the self-service nature of short-term rentals, where guests typically access the property and manage their stay without interacting with a traditional front desk.
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Incorporating insights from guest requests and feedback into the design and layout of a rental property, aiming to improve functionality and appeal.
The collective understanding and expertise within a short-term rental company regarding its operational processes, best practices, and industry standards.
Key performance indicators (KPIs) used to measure the effectiveness of yield management strategies for short-term rentals. These metrics include occupancy rate, average…
Using income generated from short-term rentals to cover part or all of the mortgage payments on a property, potentially making it a…