The potential benefits missed by choosing one option over another. In short-term rentals, it refers to potential income lost by not listing on multiple platforms or using dynamic pricing.
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A legally binding contract between a host and a guest that outlines the terms and conditions of the short-term rental, including rental…
A website owned and operated by a host or property manager that allows guests to book directly, bypassing third-party platforms.
The practice of monitoring, responding to, and leveraging reviews on Yelp to enhance the reputation and visibility of a short-term rental.
A key performance indicator (KPI) in the hospitality industry, calculated by dividing the total revenue generated from bookings by the number of…