Additional income generated through offering extra services or amenities to short-term rental guests, such as airport transfers, grocery delivery, or guided tours.
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Key performance indicators (KPIs) used to measure the effectiveness of yield management strategies for short-term rentals. These metrics include occupancy rate, average…
A legally binding contract between a property owner and a property manager outlining the terms of their business relationship.
Encompasses the strategies and tactics used to promote short-term rentals and attract potential guests through various online and offline channels.
Stands for “Short-Term Vacation Software Integration,” denoting the seamless connection between different software systems used in short-term rental management, such as property…