Monitoring and analyzing key performance indicators (KPIs) related to short-term rental performance, such as occupancy rate, average daily rate, and guest satisfaction scores.
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Regularly evaluating and comparing a short-term rental property to competitors in the market to identify areas for improvement, adjust pricing strategies, and…
The strategic approach to maximizing rental income by optimizing pricing strategies based on factors like seasonality, demand, competition, and property attributes.
The process of adjusting the nightly, weekly, or monthly rates for a short-term rental property based on factors like seasonality, demand, competition,…
The ongoing effort by hosts to encourage positive guest reviews, which are crucial for attracting future bookings and building a strong reputation.