The percentage of time a rental property is booked over a specific period, a key metric for revenue management.
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A reservation made directly through a host’s website or booking platform, bypassing third-party listing sites like Airbnb or VRBO. Direct bookings can…
The practice of strategically setting rental rates, analyzing market demand, and adjusting pricing to maximize occupancy and profitability for short-term rentals.
Strategies and measures taken to safeguard personal and business assets from potential liabilities and lawsuits. This is particularly important for short-term rental…
Electronic locks that allow guests to access a short-term rental property using codes or smartphone apps, eliminating the need for physical keys.