Eco-friendly measures incorporated into the short-term rental operation to minimize environmental impact, such as energy-efficient appliances, water conservation efforts, and waste reduction initiatives.
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A designated savings account where a portion of rental income is set aside to cover future property maintenance and repair expenses.
A key performance indicator (KPI) used in the hospitality industry to measure the revenue generated per available rental unit over a specific…
The primary customer segment that Ibis hotels aim to attract, typically budget-conscious travelers and business travelers.
The practice of renting out recreational vehicles to vacationers as an alternative to traditional accommodations, providing a mobile and self-contained travel experience.