A reservation made directly with the host or property manager, bypassing third-party platforms like Airbnb or VRBO. This can save on commission fees and allow for more personalized guest interactions.
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A desirable feature in a vacation rental property that offers views of a harbor or marina, often commanding premium rental rates.
When potential guests initiate the booking process for a short-term rental but leave before completing it, often due to factors like price,…
The average amount of revenue generated per booking, calculated by dividing the total revenue by the number of bookings.
A record of all communication between the property manager/owner and the guest, including inquiries, booking confirmations, and any other relevant correspondence.