The process of comparing a property’s performance metrics against industry averages or competitors to identify areas for improvement and track progress over time.
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A plan for transitioning a short-term rental property to a different use, such as long-term renting or selling, considering market conditions and…
A customer service approach in short-term rental management that emphasizes personalized attention, proactive communication, and anticipating guest needs to create exceptional experiences.
A prediction of future occupancy rates based on historical data, market trends, and other relevant factors, used to inform pricing and revenue…
The total revenue generated by a short-term rental property in a year, before deducting any expenses.