Implementing tactics to reduce the rate at which potential guests initiate but do not complete the booking process, such as streamlined booking forms, user-friendly interfaces, and retargeting campaigns.
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The net amount of money generated by a short-term rental property after deducting all expenses, including mortgage payments, utilities, and management fees.
Expenses associated with providing essential amenities and consumables for guests, such as toiletries, linens, cleaning supplies, and welcome gifts.
A satirical or critical term used to describe the standardized, impersonal, and sometimes transactional nature of some short-term rental experiences, drawing a…
Insurance or security deposits that protect hosts from financial losses due to accidental or intentional damage caused by guests during their stay.