Employing a diverse range of marketing channels beyond Airbnb and VRBO, such as social media, email marketing, and metasearch engines, to reach a wider audience and maximize bookings.
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A metric used to measure the percentage of recurring revenue retained from existing customers over a specific period, excluding new customer revenue….
A virtual representation of a short-term rental property’s layout, typically created using software or apps. These plans provide potential guests with a…
Sophisticated algorithms used by revenue management systems to automatically adjust nightly rates for short-term rentals based on real-time market data and demand…
The use of software or integrated platforms to automatically track income and expenses associated with short-term rentals, simplifying financial management.