In the context of short-term rentals, this refers to the percentage of guests who do not return for a repeat booking within a specific timeframe.
Menu
Churn Rate
You may also like
A type of short-term rental where guests have exclusive access to an entire property, including all bedrooms, bathrooms, living spaces, and kitchen…
A hypothetical feature, referencing Salesforce’s Einstein AI, that analyzes guest data to suggest personalized recommendations for optimizing property listings, pricing, and amenities.
Legal contracts outlining the terms and conditions of service between short-term rental owners and property management companies, specifying responsibilities, fees, and expectations.
A document signed by guests authorizing the host to charge their credit card for incidentals, damages, or extra services.