A metric used to evaluate the profitability of a short-term rental investment, calculated as the net income generated divided by the total investment cost, expressed as a percentage.
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Evaluating the balance between the number of available short-term rentals and the demand from travelers in a specific market to identify pricing…
A hypothetical loyalty program offered by a short-term rental platform or management company, rewarding repeat guests with discounts, perks, or exclusive benefits.
Feedback and ratings provided by guests after their stay at a short-term rental, influencing future bookings and the property’s reputation.
Determining the optimal frequency and timing for communication with guests, from pre-booking inquiries to post-stay follow-ups.