The principle that roughly 80% of effects come from 20% of causes. In short-term rentals, this can apply to understanding which 20% of your efforts bring in 80% of your bookings or revenue.
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The overall aesthetic and design theme of a short-term rental property, influencing its appeal to specific guest demographics.
A dynamic pricing strategy that adjusts rental rates based on real-time market demand, seasonality, and competitive listings, often using algorithms and data…
The process of researching and comparing your short-term rental to competitors in the area to identify pricing trends, amenities, and marketing strategies.
Integrating technology, such as smart home devices or automated messaging systems, can enhance guest convenience and streamline operations.