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.
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A separate charge added to the rental price to cover the cost of professional cleaning between guest stays.
Strategies and amenities targeted at attracting younger demographics, such as millennials and Gen Z, to short-term rentals. This can include offering high-speed…
A form of compensation offered by some short-term rental management companies to employees, granting them the right to purchase company shares.
A term used to describe a moment of excitement, celebration, or success in the short-term rental industry. It is often used to…