Defining specific and measurable financial targets for a short-term rental property, such as desired occupancy rate or net income.
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Regular assessments, conducted every three months, of key performance indicators like occupancy rates, booking trends, and revenue to inform business decisions.
A key performance indicator (KPI) used in the hospitality industry to measure the revenue generated per available rental unit over a specific…
A smooth and efficient process designed to quickly familiarize new guests with the property, its amenities, and the surrounding area.
A refundable fee collected by hosts to cover potential damages to a short-term rental property caused by guests during their stay.