The continuous effort to identify, analyze, and improve existing business processes within a short-term rental operation to enhance efficiency and profitability.
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An estimate of a short-term rental property’s market value, considering factors such as location, size, amenities, and comparable properties in the area.
The process of vetting potential guests before confirming their booking, typically involving background checks, ID verification, and review of previous reviews.
Tasks performed by a co-host, such as guest communication, cleaning, maintenance, and problem resolution.
A metric used to measure customer loyalty and satisfaction, calculated by asking guests how likely they are to recommend the rental property…