The practice of establishing specific, measurable, achievable, relevant, and time-bound objectives for short-term rental businesses, such as occupancy rates or revenue targets.
Goal Setting
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The practice of establishing specific, measurable, achievable, relevant, and time-bound objectives for short-term rental businesses, such as occupancy rates or revenue targets.
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
A spray-on or wash-in product used to protect furniture and fabrics from stains, spills, and wear and tear, particularly important for high-traffic…
The process of addressing negative reviews from guests in a professional and constructive manner to mitigate damage to reputation and demonstrate responsiveness.
A feature on booking platforms that allows potential guests to inquire about the availability and pricing of a short-term rental for specific…
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