The percentage of bookings that are canceled by either the host or the guest within a specific timeframe.
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The use of technology to automate tasks related to short-term rental management, such as smart locks, thermostats, and lighting systems.
Listing a short-term rental property on multiple online travel agencies (OTAs) like Airbnb, VRBO, and Booking.com to reach a wider audience.
A budgeting method where every dollar of income is allocated to specific expenses, ensuring comprehensive financial planning for short-term rentals.
Using a combination of letters and numbers to create unique identifiers for properties, often employed by property managers with large portfolios to…