The practice of dividing your target market into smaller groups based on shared characteristics, such as travel purpose, budget, or group size.
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Securing comprehensive insurance policies specifically designed for short-term rental properties, covering liabilities, damages, and potential risks.
A pricing strategy where rental rates are adjusted based on factors such as occupancy rates, demand, and competitor pricing to optimize revenue.
Coordinating and ensuring the thorough cleaning and preparation of a short-term rental property between guest stays. This may involve hiring professional cleaning…
The practice of establishing specific, measurable, achievable, relevant, and time-bound objectives for short-term rental businesses, such as occupancy rates or revenue targets.