Key performance indicators (KPIs) used to measure the effectiveness of yield management strategies for short-term rentals. These metrics include occupancy rate, average daily rate (ADR), revenue per available rental (RevPAR), and length of stay.
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The division of rental income between the property owner and a property management company or platform.
The ability to communicate effectively with guests from diverse cultural backgrounds, respecting their customs and preferences.
Recommendations and best practices for operating a short-term rental in an environmentally responsible manner, such as reducing energy consumption, conserving water, and…
A brand of smart home devices such as smart plugs, lighting, and speakers, which can be integrated into short-term rentals to enhance…