Describes the collection of guest reviews that paint a comprehensive picture of a rental property and host, highlighting both positive and negative feedback to inform future guests and guide host improvements.
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The continuous effort to identify, analyze, and improve existing business processes within a short-term rental operation to enhance efficiency and profitability.
Strategies and actions taken to maximize the percentage of time a short-term rental property is booked, aiming for optimal occupancy levels.
Strategies and tactics employed to maximize income from short-term rental properties, encompassing dynamic pricing, occupancy rate optimization, and revenue stream diversification.
The normal deterioration of a rental property and its furnishings due to guest use over time.