Tracking and analyzing key financial metrics like occupancy rates, average daily rate, and expenses to evaluate the profitability of a short-term rental business.
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The process of using the online platforms provided by Airbnb, VRBO, and other listing sites to manage bookings, adjust pricing, and communicate…
A booking option that allows guests to reserve a property immediately without requiring host approval, streamlining the process for both parties.
Analyzing market trends, competitor pricing, and guest preferences to make informed decisions about your rental strategy and pricing.
The practice of adjusting rental prices based on factors like demand, seasonality, and competition to maximize revenue.