A documented plan outlining safe exit routes and procedures for guests to follow in case of emergencies like fires, natural disasters, or security threats.
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A realistic RevPAR that a short-term rental can achieve based on its attainable occupancy rate and attainable average daily rate (ADR).
A business structure where a short-term rental management company (the franchisor) grants another individual or company (the franchisee) the right to operate…
The percentage of time a short-term rental property is unoccupied over a specific period.
Maintaining clear and prompt communication with guests throughout their stay, addressing inquiries and resolving issues effectively.