A one-time fee charged to guests to cover the cost of cleaning the property after their stay.
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The percentage of listing views that result in potential guests sending an inquiry message to the host. A key performance indicator (KPI)…
Utilizing property management software or tools to generate timely and accurate financial reports, tracking income, expenses, and overall profitability.
A fictional term signifying exceptional guest reviews and ratings, reflecting outstanding hospitality, amenities, and overall satisfaction.
Combining various pricing models, such as nightly rates, weekly discounts, and seasonal adjustments, to optimize revenue while remaining competitive within the market.