A marketing metric that measures the average cost incurred to acquire a new guest booking. It is calculated by dividing the total marketing expenses by the number of bookings generated.
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Building strong relationships with guests by proactively anticipating and fulfilling their requests, leading to increased loyalty and positive reviews.
A pricing strategy used by some property management systems and online travel agencies where the total cost of a stay is calculated…
Specific rules and instructions provided by the host to ensure a safe, respectful, and enjoyable experience for all.