A software tool that automatically adjusts rental rates based on factors like demand, seasonality, competition, and other market variables to optimize revenue.
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Key performance indicators (KPIs) used to measure the success and performance of a vacation rental business, such as occupancy rate, average daily…
Established benchmarks and guidelines for service, cleanliness, and overall quality in the hospitality industry, often applied to short-term rentals.
Applying the Pareto Principle to short-term rental amenities, suggesting that 80% of guest satisfaction likely comes from 20% of the amenities offered.
Rewarding repeat guests with exclusive benefits, discounts, or special offers to foster loyalty and encourage future bookings.