A marketing metric that measures the average cost incurred to acquire a new guest booking. It is calculated by dividing the total marketing expenses by the number of bookings generated.
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Specialized insurance coverage designed for short-term rental properties, providing protection against liability claims, property damage, and business interruptions.
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The process of verifying the identity and background of potential guests to minimize risks for short-term rental hosts.
Highlights the value of having in-depth knowledge of the local area, including attractions, restaurants, and hidden gems, to enhance the guest experience.