All the tasks and processes involved in managing a short-term rental after a guest has made a booking. This includes guest communication, check-in and check-out procedures, cleaning and maintenance, and handling guest issues.
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A dynamic pricing strategy where rental rates are adjusted based on real-time factors influencing demand, such as seasonality, events, holidays, and competitor…
Insurance or security deposits that protect hosts from potential financial losses due to accidental or intentional damage caused by guests.
The mathematical formula used to determine the dwell ratio, dividing the average property purchase price by the average annual rental income.
The proactive practice of shaping guest perceptions and online reputation through positive reviews, prompt communication, and addressing concerns.