The process of comparing key performance indicators (KPIs) of a short-term rental business, such as occupancy rates and revenue, from one year to the previous year to track progress and identify areas for improvement.
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The integration of smart home technology into short-term rentals to enhance guest experience and streamline operations. This can include features like smart…
Specialized insurance policies designed to cover the specific risks associated with short-term rentals, including property damage, liability, and income loss.
A pricing strategy that offers a reduced rate for guests who book a stay of seven nights or more, encouraging longer bookings.
A secondary physical location used by a property management company or host to manage operations, handle guest inquiries, or store supplies.