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.
You may also like
A centralized interface within a short-term rental platform or management software that provides hosts with an overview of their listings, bookings, calendar…
Ensuring the long-term profitability and viability of a short-term rental business by managing expenses, optimizing pricing, and adapting to market changes.
The number of individual slats used in a slatted bed base. A higher slat count generally indicates better support and durability.
Keeping track of all furniture, appliances, and supplies in the rental property, ensuring everything is in working order and readily available for…