The use of data and software tools to track performance metrics related to yield management, such as occupancy rates, average daily rates (ADR), and revenue per available rental (RevPAR). This data helps hosts make informed decisions about pricing and availability.
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Specialized insurance coverage designed for short-term rental properties, protecting hosts from liabilities related to property damage, guest injuries, and business interruptions.
Integration of devices like smart locks, thermostats, and lighting that can enhance guest experience, improve security, and enable remote property management.
A short-term rental property with historical or cultural significance, often subject to specific preservation rules and regulations.
When potential guests initiate the booking process for a short-term rental but leave before completing it, often due to factors like price,…