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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Key performance indicators (KPIs) used to track the financial performance of a short-term rental, such as occupancy rate, average daily rate, and…
A contract outlining the terms and conditions of a short-term rental stay, agreed upon by both the property owner/manager and the guest,…
The minimum number of nights guests are required to book for a stay at the rental property, often implemented during peak season…
Essential devices installed in a rental property to detect and combat fires, such as smoke detectors, carbon monoxide detectors, fire extinguishers, and…