Applying the Pareto principle to identify the 20% of guests who generate 80% of the revenue, enabling hosts to tailor their services and marketing efforts for higher profitability.
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The act of leaving feedback and ratings about a vacation rental experience, influencing the property’s reputation and future bookings.
A process that allows guests to access a short-term rental without needing to meet the host in person, often using keyless entry…
The use of pricing strategies that leverage psychological principles to influence guest perception and booking behavior, such as charm pricing or using…
Resources and software that provide insights into the short-term rental market, including competitor analysis, pricing trends, occupancy rates, and demand forecasting.