Specialized software or platforms designed to monitor and analyze key performance indicators (KPIs) relevant to short-term rental businesses, such as occupancy rate, average daily rate, and revenue per available rental.
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The practice of strategically designing and managing all aspects of a guest’s stay to create a positive and memorable experience.
A financial metric used to evaluate the profitability of a rental property, calculated as the annual pre-tax cash flow divided by the…
This Swedish term translates to ‘occupational pension.’ While not directly related to short-term rentals, it highlights the potential for hosts to generate…
The number of consecutive nights a guest books and stays at a short-term rental property.