A set of standardized procedures for cleaning and sanitizing a short-term rental property between guest stays, ensuring a hygienic and welcoming environment.
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A key performance indicator (KPI) in the hospitality industry, calculated by dividing the total revenue generated from bookings by the number of…
Unexpected events or situations that can disrupt short-term rental operations, such as natural disasters, pandemics, or personal emergencies, requiring flexibility and contingency…
A dynamic pricing model where rental rates are adjusted regularly based on factors like demand, seasonality, and competitor pricing.
A percentage of the booking amount charged by platforms like Airbnb and VRBO for their services.