The process of verifying the identity and assessing the suitability of potential guests before accepting a booking request, to mitigate risks and ensure safety and security.
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Key performance indicators (KPIs) used to measure the effectiveness of yield management strategies for short-term rentals. These metrics include occupancy rate, average…
Collaborating with local businesses or brands to provide guests with exclusive discounts or experiences, enhancing the rental’s appeal and generating additional revenue…
The trend of guests booking short-term rentals for extended stays to work remotely, often seeking properties with dedicated workspaces, reliable internet, and…
A type of property insurance that protects against damage from events like fire, windstorms, and hail, often required by mortgage lenders and…