A legally binding contract between a property owner and a property manager outlining the terms of their business relationship.
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Marketing strategy where existing guests are incentivized to refer new guests, often through discounts or credits.
Connecting different software and tools, such as property management systems and channel managers, to streamline operations.
A fictional term for a curated welcome basket offering local or themed treats and beverages, enhancing the guest experience with a personalized…
The process of determining the profitability of a short-term rental by subtracting expenses from revenue, expressed as a percentage.