Key performance indicators (KPIs) used to evaluate the effectiveness and profitability of short-term rental agreements, such as occupancy rate, average daily rate (ADR), and net income.
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The economic activity generated by individuals renting out their homes or spare rooms on platforms like Airbnb and VRBO.
The process of identifying and procuring high-end amenities and furnishings to elevate the guest experience and justify premium pricing.
Marketing techniques and strategies focused on rapidly expanding the reach and visibility of short-term rental listings to attract more bookings.
Collaborating with local businesses and service providers to offer guests exclusive discounts, experiences, and recommendations.