A pricing strategy where hosts offer lower rental rates during periods of low demand or the off-season to attract bookings and maintain some occupancy even when travel is slower.
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The percentage of booked nights in a short-term rental property during a specific quarter (every three months), calculated by dividing booked nights…
Implementing sound financial practices for tracking income, expenses, taxes, and generating reports to ensure profitable and sustainable short-term rental operations.
Feedback and ratings provided by guests after their stay at a short-term rental property, influencing future booking decisions.
A dedicated professional responsible for ensuring guest satisfaction by managing communication, handling requests, and resolving issues.