A data-driven approach to maximizing income from short-term rentals. This involves leveraging analytics and insights to optimize pricing, occupancy rates, and operational efficiency. Tools and technologies are used to automate tasks, track performance, and identify growth opportunities.
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A pricing strategy to be wary of, where hosts add numerous small fees for basic amenities or services, potentially deterring guests.
The process of vetting potential guests to minimize risks such as property damage, noise complaints, or unauthorized occupants.
Using pre-written messages to streamline guest communication, often customized for specific inquiries or situations, enhancing efficiency in guest relations.
A metric used by Airbnb and VRBO to track how quickly a host responds to guest inquiries and booking requests, influencing search…