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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A metric on booking platforms that measures how quickly and consistently hosts respond to guest inquiries.
A service that securely authorizes and processes credit card payments made by guests booking your short-term rental.
The currency of the United Kingdom, often used for pricing and transactions on international short-term rental platforms like Airbnb and VRBO.
A security system with 24/7 professional monitoring that can provide alerts in case of emergencies, enhancing guest safety and property protection.