A key performance indicator (KPI) in the hospitality industry, calculated by dividing the total revenue generated from bookings by the number of nights booked.
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A strategy for short-term rental owners to generate revenue from multiple sources, such as offering additional services like airport transfers, guided tours,…
An online platform specifically designed for finding and booking furnished, short-term rentals, often catering to traveling professionals.
A marketing strategy that divides a target market into smaller groups based on geographic location. Short-term rental hosts can use geographic segmentation…
Implementing a strategic approach to setting minimum night stay requirements to balance occupancy rates, cleaning costs, and guest preferences.