A key performance indicator (KPI) that measures the percentage of time a short-term rental property is booked over a specific period, reflecting its popularity and revenue potential.
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Estimating future rental income based on historical data, market trends, and anticipated occupancy rates to inform financial planning and investment decisions.
The use of technology to automate tasks and processes related to hosting, such as guest communication, booking management, and cleaning schedules.
The process of verifying the identity and assessing the risk of potential guests before confirming a booking. This may involve background checks,…
Researching and understanding the local short-term rental market, including competitor pricing, demand trends, and seasonal fluctuations, to optimize pricing and occupancy.