A performance metric used in the hospitality industry that calculates the average revenue generated per available room, considering both occupancy rate and average daily rate.
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Refers to short-term rental properties decorated with a specific theme, such as beach, rustic, or modern, to create a unique and memorable…
The strategy of maintaining consistent pricing for short-term rentals across multiple platforms like Airbnb and VRBO to avoid channel conflicts.
Measures taken to ensure the safety and security of a short-term rental property and its guests, including security systems, cameras, and guest…
Strategies and techniques used by short-term rental hosts to maximize rental income by optimizing pricing, occupancy rates, and booking channels, often utilizing…