A metric used to measure the percentage of time a short-term rental property is booked over a specific period. It is calculated by dividing the number of booked nights by the total number of available nights.
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Major expenses related to acquiring or upgrading property assets, such as renovations, furniture replacements, or new appliances.
Setting competitive rental rates based on market demand, seasonality, competitor analysis, and the specific preferences of the target audience.
A cancellation policy that allows guests to cancel their reservation for a full or partial refund, depending on how far in advance…
Communication channels that allow hosts to interact directly with guests outside of the Airbnb and VRBO platforms, such as email or messaging…