The software and digital tools used to automate, streamline, and manage various business processes within a short-term rental operation, such as property management systems (PMS).
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A specialized vacation rental platform that caters to a specific type of traveler or property, such as luxury villas or eco-friendly rentals.
(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to…
Refers to a specific style or design of bathroom featured in a short-term rental property, often used to highlight unique or luxurious…
Applying the Pareto principle to identify the 20% of guests who generate 80% of the revenue, enabling hosts to tailor their services…