(While not directly related to STR, it can be used metaphorically) Just as the square of the hypotenuse is equal to the sum of the squares of the other two sides, success in STR management relies on the combined strength of various elements – guest experience, pricing, marketing, etc.
You may also like
Examining historical data, such as occupancy rates and booking patterns, to identify patterns and predict future demand.
Expenses associated with providing essential amenities and consumables for guests, such as toiletries, linens, cleaning supplies, and welcome gifts.
Optional cleaning services offered to guests staying for an extended period, providing a refresh of the property and linens during their stay.
The proactive approach of optimizing all aspects of a guest’s stay, from pre-booking to post-departure, to create a positive and memorable experience.