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 essential furniture, appliances, and amenities provided in a short-term rental property to ensure guest comfort and convenience during their stay.
A documented plan outlining emergency procedures and evacuation routes in case of a fire at a short-term rental property. Essential for guest…
A booking feature that allows guests to reserve a property immediately without requiring manual approval from the host, streamlining the booking process…
A high-speed internet technology, often available in newer developments, impacting the attractiveness of short-term rentals for guests.