The process of determining the economic value of a business, often used when selling or merging a short-term rental business.
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Actively monitoring, responding to, and managing guest reviews across various platforms. This includes encouraging positive reviews, addressing negative feedback constructively, and using…
A dynamic pricing strategy that adjusts rental rates based on factors such as demand, seasonality, competition, and guest behavior.
Effective and timely communication with guests before, during, and after their stay at a vacation rental property, including booking confirmations, check-in instructions,…
Regular upkeep and repairs to ensure the rental property remains in good condition, addressing issues promptly to avoid guest inconvenience.