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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A booking option on some platforms where the host is guaranteed payment even if the guest cancels, often at a higher commission…
Hiring a third-party company or individual to handle various aspects of managing a short-term rental, including guest communication, cleaning, and maintenance.
The practice of dividing potential guests into distinct groups based on shared characteristics, such as demographics, travel preferences, or booking behavior, to…
A reservation type where the guest is charged the full amount upfront and is not entitled to a refund if they cancel,…