A business approach in short-term rentals that focuses on highlighting the unique benefits and experiences offered by vacation rentals compared to traditional hotels, emphasizing elements like home-like amenities, personalized touches, and local immersion.
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The mathematical formula used to determine the dwell ratio, dividing the average property purchase price by the average annual rental income.
Adjusting the terms and conditions under which guests can cancel their reservation, ranging from flexible to strict, impacting both guest booking behavior…
Connecting various software tools and platforms to automate tasks, manage bookings, communicate with guests, and streamline operations.
A detailed record of all furniture, appliances, and other items provided in the rental property, helpful for insurance purposes and tracking inventory.