A metric used to measure the percentage of recurring revenue retained from existing customers over a specific period, excluding new customer revenue. In the short-term rental industry, NDR helps hosts and property managers understand their ability to retain guests and generate repeat bookings.
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Practices implemented by hosts to minimize the environmental impact of their short-term rental operations, promoting eco-friendly tourism.
Forcibly removing a guest from a short-term rental property without following proper legal procedures, which can result in lawsuits and financial penalties…
The use of platforms or services to verify the identity of guests booking short-term rentals, enhancing security and trust.
A factor to consider when choosing a short-term rental, especially for guests with elderly family members who may require specialized care.