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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Clear and detailed directions provided to guests on how to access the short-term rental property upon arrival. This typically includes information about…
A rental property equipped with essential furniture, appliances, and amenities, allowing guests to stay comfortably without bringing their own.
The practice of digitally improving the quality and appeal of property photographs for online listings.
Research conducted to understand the performance of the short-term rental market in a specific location, including occupancy rates, average daily rates, and…