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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Positive guest reviews are crucial for attracting future bookings and building a strong reputation on platforms like Airbnb and VRBO.
Hiring a professional property management company to handle various aspects of short-term rental operations remotely.
Additional offerings provided to enhance the guest experience, such as airport transfers, grocery delivery, in-house chef services, or organized tours and activities.
High-quality images that showcase a short-term rental property’s features, amenities, and ambiance, attracting potential guests.