A metric used to measure the percentage of recurring revenue retained from existing customers over a specific period, excluding new customer revenue. In the short-term rental industry, NDR helps hosts and property managers understand their ability to retain guests and generate repeat bookings.
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The charges imposed by online platforms like Airbnb and VRBO on hosts for listing their properties and processing bookings, typically calculated as…
A pricing strategy where the rental rate includes all utility costs, simplifying the booking process for guests.
The process of managing interactions and relationships with vendors that provide services for short-term rentals, such as cleaning, maintenance, or property management.
Charges imposed by online travel agencies (OTAs) like Airbnb and VRBO on hosts for each booking made through their platforms, typically calculated…