Key performance indicators (KPIs) used to track the financial performance of a short-term rental, such as occupancy rate, average daily rate, and revenue per available room.
Earning Metrics
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Key performance indicators (KPIs) used to track the financial performance of a short-term rental, such as occupancy rate, average daily rate, and revenue per available room.
A dynamic pricing strategy where rental rates are adjusted based on fluctuations in demand due to seasonal changes, holidays, or local events.
Emphasizes the strategic approach to maximizing rental income by optimizing pricing, occupancy rates, and revenue streams.
A contract outlining the terms and conditions of a short-term rental stay, agreed upon by both the property owner/manager and the guest,…
Conducting thorough research on competitor pricing, local demand trends, and guest preferences to inform pricing strategies and optimize listing performance.
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