The process of vetting potential guests to minimize risks and ensure the safety of the property and neighborhood, often involving ID verification and background checks.
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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….
Common approaches to setting prices for short-term rentals, including dynamic pricing, seasonal pricing, and value-based pricing.
Personalized and timely communication between hosts and guests, fostering positive relationships and addressing inquiries.
The strategy of generating income from multiple short-term rental properties or platforms to mitigate risk and potentially increase earnings.