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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Utilizing instant messaging features within platforms or dedicated apps for swift communication with guests regarding bookings, inquiries, or issues.
A pricing strategy where the price of a short-term rental approaches a certain level as the booking date gets closer. This strategy…
An online software solution designed to help hosts or managers oversee multiple aspects of their short-term rental business.