The practice of allocating a portion of short-term rental profits back into the business, such as property improvements, marketing, or guest experience enhancements.
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The surrounding area of a short-term rental property, including its proximity to attractions, amenities, and transportation. Understanding the neighborhood’s character and appeal…
Connecting various software and tools used for managing short-term rentals, such as property management systems, channel managers, and accounting software, to streamline…
Collaborating with local businesses to host temporary events or experiences at the property, enhancing guest experience and potentially attracting new bookings.
Recognizes the impact of local events, festivals, and holidays on short-term rental demand and pricing, prompting hosts to adjust their strategies and…