A booking feature on platforms like Airbnb that allows guests to reserve a listing instantly without requiring host approval, potentially increasing booking rates.
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The exchange of information and interaction between a short-term rental owner/manager and their guests, encompassing pre-booking inquiries, booking confirmations, check-in instructions, and…
A comparison of a specific metric (e.g., revenue, bookings) between the current year and the previous year, used to track performance trends.
Direct costs associated with providing short-term rental services, such as cleaning supplies, toiletries, and utilities, used to calculate profitability.
Establishing consistent guidelines for responding to guest reviews on platforms like Airbnb and VRBO, addressing both positive and negative feedback professionally and…