The process of tracking and analyzing income generated from short-term rentals, factoring in occupancy rates, average daily rates, and expenses.
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The steps taken by a host or property manager to evaluate potential guests and minimize risks associated with bookings.
Tools like Microsoft Excel or Google Sheets used for managing bookings, tracking expenses, and analyzing financial performance of the rental business.
Using natural language processing to determine the overall sentiment (positive, negative, neutral) expressed in guest reviews.
The integration of technology like smart locks, thermostats, and lighting systems into short-term rentals to enhance guest experience, improve security, and enable…