A hypothetical term referring to a marketing approach that utilizes data analysis, target audience segmentation, and creative content to attract bookings. Effective marketing is essential for standing out in the competitive short-term rental market.
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A measure of the profitability of a short-term rental property, calculated by subtracting operating expenses from revenue.
The process of regularly checking the quality of drinking water provided in short-term rentals, potentially involving testing for contaminants, installing filters, or…
The process of identifying potential risks and liabilities associated with short-term renting and implementing strategies to mitigate them, often a joint effort…
Researching and understanding the specific trends, competition, and pricing dynamics within a particular geographic area to inform listing optimization and revenue management.