Key performance indicators (KPIs) used to measure the effectiveness of yield management strategies for short-term rentals. These metrics include occupancy rate, average daily rate (ADR), revenue per available rental (RevPAR), and length of stay.
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Implementing sound financial practices for tracking income, expenses, taxes, and generating reports to ensure profitable and sustainable short-term rental operations.
Purchasing properties in rural areas specifically for the purpose of short-term rentals, often driven by the potential for higher returns and lower…
Information that guests willingly and proactively provide to short-term rental hosts, such as preferences, interests, and travel styles, which can be used…
Providing guests with easy access to transportation details, such as local taxi services or public transportation routes, through a scannable QR code.