A marketing metric that measures the average cost incurred to acquire a new guest booking. It is calculated by dividing the total marketing expenses by the number of bookings generated.
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An official notification sent to guests upon successfully reserving a short-term rental, outlining booking details, house rules, and check-in instructions.
The practice of strategically setting rental rates, analyzing market demand, and adjusting pricing to maximize occupancy and profitability for short-term rentals.
Security measures implemented in short-term rental properties to enhance guest safety and protect against theft or vandalism, such as smart locks, security…
A thorough and comprehensive cleaning of a property, typically performed between guest stays and often including sanitation and disinfection procedures.