The practice of analyzing market data and implementing pricing strategies to maximize rental income and occupancy rates.
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A security system with 24/7 professional monitoring that can provide alerts in case of emergencies, enhancing guest safety and property protection.
Offering streaming services like Netflix as an amenity for guests to enjoy entertainment during their stay, enhancing the value proposition.
The process of handling reservations, including inquiries, confirmations, cancellations, and guest communication.
A metric used in real estate and short-term rental analysis, comparing the average purchase price of a property to the average annual…