Strategies used to encourage guests to book additional services or amenities, such as early check-in, late check-out, or local experiences, to increase revenue.
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The strategic planning and coordination of bookings, pricing, and availability to maximize occupancy rates and revenue for a short-term rental property.
The approach and methods used to determine the optimal pricing for a short-term rental property based on factors like seasonality and demand.
The process of examining a PnL statement to identify trends, patterns, and insights into the financial performance of a short-term rental business.
Adhering to local zoning laws and regulations related to short-term rentals, ensuring hosts operate within legal boundaries and avoid potential fines or…