Key performance indicators (KPIs) used to track the success and profitability of a short-term rental business. These include metrics like occupancy rate, average daily rate (ADR), and revenue per available rental (RevPAR).
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In the context of short-term rentals, agreement inferred from a guest’s actions or inactions, such as using provided amenities, that suggests acceptance…
A refundable amount collected from guests at the time of booking to cover potential damages to the property during their stay, managed…
A pricing strategy that adjusts rental rates based on factors like demand, seasonality, and competitor pricing to optimize revenue.