A hypothetical term highlighting the use of technology and data-driven insights for efficient property management. This includes automating tasks, streamlining operations, and leveraging analytics for informed decision-making.
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The typical spending patterns of target guests in a specific market, influencing pricing strategies and amenity offerings.
A physical visit to a potential rental property to assess its condition, suitability, and compliance with safety and regulatory standards.
The original cost of an asset, such as a property, used to calculate capital gains or losses for tax purposes. Important for…
The ongoing process of building and maintaining positive relationships with short-term rental guests, fostering loyalty and repeat bookings.