A metric used to evaluate the profitability of a rental property, calculated by dividing the annual rental income by the property’s purchase price or market value.
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Effective and personalized communication with guests throughout their stay, from pre-booking inquiries to post-stay follow-ups, to enhance satisfaction and encourage positive reviews.
Marketing efforts aimed at promoting a specific destination to potential travelers, highlighting attractions and activities.
Specialized insurance policies designed to cover the unique risks associated with short-term rentals, beyond traditional homeowner’s insurance.
Managing all interactions with guests throughout their stay, from pre-booking inquiries to post-stay feedback, using various channels like messaging apps and email.