The percentage of potential guests who view a listing and then proceed to make a booking.
Conversion Rate
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Conversion Rate
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Marketing strategies that encourage guests to share their positive experiences and promote a rental property through word-of-mouth.
The speed and efficiency with which property managers address maintenance requests from guests, ensuring a positive experience and minimal disruption.
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(Used metaphorically) A win in STR that comes at a significant cost, such as getting a booking by lowering prices so much…