A measure of the profitability of a rental property, calculated by dividing the annual net income by the total investment and expressing the result as a percentage.
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Implementing a dynamic pricing approach that adjusts rental rates across all booking platforms based on factors like demand, seasonality, and competitor pricing.
A higher standard of cleaning and sanitization procedures, often implemented in response to health concerns or guest expectations.
Strategies and techniques for maximizing rental income, including dynamic pricing, occupancy optimization, and revenue forecasting.
A hypothetical feature, referencing Salesforce’s Einstein AI, that analyzes guest data to suggest personalized recommendations for optimizing property listings, pricing, and amenities.