Digital tools and platforms designed to streamline various aspects of short-term rental management, including channel management, guest communication, and financial tracking.
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The practice of establishing specific, measurable, achievable, relevant, and time-bound objectives for short-term rental businesses, such as occupancy rates or revenue targets.
A pricing strategy where short-term rental rates are set lower than competitors to attract bookings and gain market share.
The income generated from renting out a property on a short-term basis, typically calculated on a nightly or weekly basis.
Specific criteria that hosts and listings must meet to be listed on platforms like Airbnb and VRBO, such as safety standards, legal…