A system for monitoring rental income, expenses, and financial performance of the short-term rental business, often using spreadsheets or specialized software.
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Regularly updating and replacing furniture and decor to maintain a fresh and inviting atmosphere for guests and prevent wear and tear.
A data-driven approach to pricing short-term rentals dynamically, considering factors like seasonality, demand, and competitor rates to maximize occupancy and revenue.
A pricing strategy where rates are adjusted based on demand and availability, with higher prices charged during peak seasons and lower prices…
Using technology to streamline and automate aspects of the guest onboarding process, such as sending automated messages or providing digital guidebooks.