Metrics used to measure the success and performance of a short-term rental business, such as occupancy rate, average daily rate, and revenue per available room.
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A device that detects the presence of people in a short-term rental property. It can be used for various purposes, such as…
Upgrades or renovations made to a short-term rental property based on feedback, suggestions, or common requests from previous guests.
(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to…
A secure access method for short-term rentals that eliminates the need for physical keys, allowing guests to enter the property using a…