Cleaning services that can adjust to the demands of your short-term rental business, handling both single cleanings between guests and large-scale turnovers during peak seasons.
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Glossary Term: Business Growth
9 posts
Expanding income sources beyond nightly rental rates by offering additional services or amenities to short-term rental guests, such as airport transfers, grocery delivery, or local experiences.
An additional source of income generated from a short-term rental property beyond rent, cleaning fees, and extra services, such as affiliate marketing or selling local products.
Methods and tactics used to expand a short-term rental business, such as acquiring new properties, optimizing listings, or implementing dynamic pricing.
A term for a host who approaches their short-term rental business with an entrepreneurial mindset, constantly seeking growth, innovation, and new opportunities.
Tactics for increasing revenue and bookings for short-term rental properties compared to the previous year. This can involve improving property amenities, enhancing marketing efforts, or optimizing pricing strategies.
Significant and impactful revenue milestones achieved in short-term rental operations, marking periods of substantial growth or profitability.
The practice of allocating a portion of short-term rental profits back into the business, such as property improvements, marketing, or guest experience enhancements.
The realistic portion of the total short-term rental market that a property or host can capture in a specific location, considering factors like competition and marketing efforts.