The percentage of time a short-term rental property is booked and occupied by guests over a specific period. Higher occupancy rates generally indicate greater profitability.
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A discounted rate offered to guests who book multiple stays or extended stays at a short-term rental.
An agreement where a property owner grants a single property manager or platform exclusive rights to market and manage their short-term rental.
Systematically analyzing guest reviews and feedback to identify areas for improvement and enhance the guest experience.
An approach to networking that utilizes software to control and manage network devices and traffic, offering potential benefits for short-term rental businesses…