The expected deterioration and damage that occurs to a property over time due to normal use by guests, considered a standard operating expense in short-term rentals.
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A residential property with two floors or levels, often featuring bedrooms on the upper level and living spaces on the lower level.
Using natural language processing to determine the overall sentiment (positive, negative, neutral) expressed in guest reviews.
A metric that measures the percentage of time a vacation rental property is booked over a specific period, indicating its occupancy performance.
A hypothetical term emphasizing the importance of intelligent and effective communication with guests. Prompt responses, personalized messages, and anticipating guest needs are…