A performance metric used in the hospitality industry that calculates the average revenue generated per available room, considering both occupancy rate and average daily rate.
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Maintaining a spotless and hygienic environment for guests is paramount in short-term rentals. This includes thorough cleaning between each stay.
A community-based program where residents look out for each other’s properties and report any suspicious activity, enhancing security for short-term rentals.
Detailed guidelines and procedures for cleaning and sanitizing a short-term rental property between guest stays to ensure guest safety and satisfaction.
A dynamic pricing strategy where rental rates fluctuate based on factors like seasonality, demand, day of the week, and special events, optimizing…