A key performance indicator (KPI) used in the hospitality industry to measure the revenue generated per available rental unit over a specific period. It helps assess the profitability and efficiency of a rental property.
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A scenic bay in Vietnam, home to islands and resorts, presenting opportunities for short-term rental properties with waterfront views.
Implementing clear and balanced cancellation policies to protect both hosts and guests while considering market standards and booking flexibility.
Ensuring the long-term profitability and viability of a short-term rental business by managing expenses, optimizing pricing, and adapting to market changes.