The use of data and research to understand the performance of the short-term rental market in a specific location. This includes analyzing factors like occupancy rates, average daily rates, seasonality trends, and competitor activity to make informed investment and management decisions.
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The interconnected network of software, platforms, and tools used to manage and optimize short-term rental operations.
A proactive maintenance approach where worn or outdated furniture, appliances, and amenities are replaced before they break down, minimizing guest inconvenience and…
The normal deterioration of a property and its furnishings due to everyday use by guests.
A person who works remotely while traveling and often stays in short-term rentals for extended periods.