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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Encouraging and responding to guest reviews on platforms like Airbnb and VRBO. Positive reviews build trust and credibility, while addressing negative feedback…
One-time charges associated with preparing a property for short-term rentals, such as initial cleaning, furnishing, or installation of smart home devices.
A hypothetical act (not a real law) that could address concerns related to child safety and trafficking risks in the short-term rental…
In website analytics, the percentage of visitors who leave a website after only viewing one page.