The prevailing rental rate for similar properties in the same market area, used as a benchmark for setting competitive pricing.
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Strategies for maximizing occupancy and revenue by adjusting minimum and maximum stay lengths based on demand patterns and seasonal trends.
A legally binding contract between a property owner and a property management company outlining the terms of their business relationship.
The process of addressing and resolving guest issues or complaints effectively and efficiently, aiming to turn negative experiences into positive ones and…
The process of confirming a guest’s identity and booking details to prevent fraud and ensure security.