Regularly updating and replacing furniture and decor to maintain a fresh and inviting atmosphere for guests and prevent wear and tear.
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The strategic application of pricing, availability, and marketing techniques to maximize revenue from short-term rental properties.
A metric that measures how quickly and consistently a host responds to inquiries and messages from potential guests on short-term rental platforms.
Key performance indicators (KPIs) used to measure the effectiveness of yield management strategies for short-term rentals. These metrics include occupancy rate, average…
A refundable amount held by the host to cover potential damages or losses incurred by the guest during their stay.