Defining specific and measurable financial targets for a short-term rental property, such as desired occupancy rate or net income.
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The internet connection provided at a short-term rental property, often considered an essential amenity for guests to stay connected and work remotely.
A reservation made directly through a host’s website or personal channels, bypassing third-party platforms and their associated fees.
This psychological principle, where higher expectations lead to increased performance, can be applied to STR guest interactions. Treating guests with high expectations…
The management of a household or family’s resources, often used interchangeably with economics but with a focus on domestic and personal aspects.