A type of property insurance that protects against damage from events like fire, windstorms, and hail, often required by mortgage lenders and recommended for short-term rental owners.
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A key performance indicator (KPI) in the hospitality industry that measures the revenue generated per available rental unit, calculated as average daily…
Using historical data and market trends to predict future occupancy rates, aiding in pricing and revenue management.
A humorous term for a revenue management strategy or tool focused on maximizing income from short-term rental properties.
A type of sofa that can be converted into a bed, often used in short-term rentals to accommodate additional guests.