The use of data and research to understand the performance of the short-term rental market in a specific location. This includes analyzing factors like occupancy rates, average daily rates, seasonality trends, and competitor activity to make informed investment and management decisions.
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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….
The surrounding area of a short-term rental property, including its proximity to attractions, amenities, and transportation. Understanding the neighborhood’s character and appeal…
High-quality photographs that showcase a property’s best features and attract potential guests.
The process and effectiveness of a host in addressing and resolving guest complaints or issues that may arise during a stay, aiming…