The percentage of time a short-term rental property is booked over a specific period. A high occupancy rate indicates strong demand and revenue potential.
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The host’s representation on short-term rental platforms, showcasing their personality, hosting style, and property details to potential guests.
A pricing strategy where the cost of expenses like cleaning, utilities, and maintenance are calculated first. Then, the desired profit margin is…
A central interface in property management software that provides an overview of key metrics, such as bookings, revenue, occupancy rates, and guest…
Utilizing background checks, reviews, and communication to vet potential guests and minimize the risk of problematic bookings.