The practice of leveraging underutilized assets, such as a spare room or an entire property, to generate income through short-term rentals.
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Maintaining clear, timely, and efficient communication channels with guests throughout their booking journey, from pre-arrival instructions to post-stay follow-ups.
A set of guidelines and expectations communicated to guests before booking to ensure a safe and respectful environment for both guests and…
The level of preparedness and resources available to handle emergencies or unexpected situations that may arise during a guest’s stay.
Key performance indicators (KPIs) used to measure the effectiveness of yield management strategies for short-term rentals. These metrics include occupancy rate, average…