The proactive practice of shaping guest perceptions and online reputation through positive reviews, prompt communication, and addressing concerns.
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The percentage of rental income or fixed amount a property manager charges for their services.
Key indicators used to track the success and profitability of a short-term rental business, including occupancy rate, average daily rate, and revenue…
Implementing sound financial practices for tracking income, expenses, taxes, and generating reports to ensure profitable and sustainable short-term rental operations.
Costs associated with a short-term rental that can be avoided or reduced when the property is not rented, such as cleaning fees,…