The percentage of time a short-term rental property is booked and occupied by guests over a specific period.
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Greeting guests with a thoughtful welcome pack containing essentials, local treats, or personalized gifts to make them feel welcome and appreciated.
A set of guidelines outlined in the house rules or rental agreement that specify quiet hours, noise restrictions, and guest behavior expectations…
Regularly assessing the performance of similar short-term rentals in the area to adjust pricing strategies, amenities, and marketing efforts for competitive advantage.
A key performance indicator (KPI) used in the hospitality industry to measure the revenue generated per available rental unit over a specific…