Expenses incurred in attracting and securing bookings from guests, including marketing, platform fees, and photography.
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Software integrated into a short-term rental website or platform that allows guests to search for availability, view rates, and make reservations online.
The practice of analyzing data and adjusting pricing in real-time to optimize revenue based on fluctuating demand and market conditions.
A night between two bookings, often unavoidable, that remains vacant and can impact revenue.
Effective and personalized communication with guests throughout their stay, from pre-booking inquiries to post-stay follow-ups, to enhance satisfaction and encourage positive reviews.