A key performance indicator (KPI) in the hospitality industry, calculated by dividing the total revenue generated from bookings by the number of nights booked.
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The process of estimating future revenue and expenses for a short-term rental property, based on factors such as historical data, seasonality, and…
The process of verifying the identity and assessing the suitability of potential guests before confirming a reservation, often involving background checks and…
A third-party company that handles the day-to-day operations of a short-term rental property, including marketing, booking, guest communication, and maintenance.
Normal deterioration of a property and its furnishings due to regular use by guests.