A metric used to measure the percentage of recurring revenue retained from existing customers over a specific period, excluding new customer revenue. In the short-term rental industry, NDR helps hosts and property managers understand their ability to retain guests and generate repeat bookings.
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Research on the performance of short-term rentals in a specific area, including occupancy rates, average daily rates, and demand trends.
A centralized platform that provides key performance indicators (KPIs) and insights into rental performance, including occupancy rates, revenue generated, and guest reviews…
A hypothetical example of a local occupancy tax specific to Oquawka, Illinois. Short-term rental hosts in this area would be responsible for…