The percentage of time a short-term rental property is booked and occupied by guests. Higher occupancy rates generally translate to increased revenue, but achieving optimal occupancy requires balancing pricing, marketing, and seasonality.
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The percentage of potential guests who view a listing and then proceed to make a booking.
Providing guests with personalized recommendations and resources for local attractions, activities, and dining options.
Offering streaming services like Netflix as an amenity for guests to enjoy entertainment during their stay, enhancing the value proposition.
Technology systems that automate and control various aspects of a property, such as lighting, temperature, security, and appliances.