(Philosophical reference) A Greek philosopher who advocated for skepticism, particularly about the possibility of certain knowledge. In the context of STR, this encourages hosts to be flexible and adaptable, as market trends and guest preferences can be unpredictable.
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The base price charged per night for a short-term rental property, excluding any additional fees or taxes.
A metric used to measure guest satisfaction and loyalty by asking how likely they are to recommend the short-term rental property to…
Strategies for optimizing short-term rental pricing to maximize revenue, considering factors like seasonality, demand, and competitor pricing.
The process of comparing a property’s performance metrics against industry averages or competitors to identify areas for improvement and track progress over…