Setting competitive rental rates based on market demand, seasonality, competitor analysis, and the specific preferences of the target audience.
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The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and profitability.
The process of handling inquiries from potential guests, providing accurate quotes for their desired dates and party size, and managing those quotes…
A key metric for short-term rental businesses, representing the predictable income generated from recurring subscriptions or services, such as property management fees.
The total income generated from a short-term rental property over a specific period, including rental income, cleaning fees, extra guest charges, and…