A key performance indicator (KPI) in the hospitality industry that measures the revenue generated per available rental unit, calculated as average daily rate multiplied by occupancy rate.
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The proactive upkeep and repair of short-term rental properties, utilizing technology and preventative measures to ensure guest satisfaction and minimize potential issues.
A model where multiple investors share ownership of a vacation property, typically a high-end condo or villa, and receive usage rights for…
Using software or platform tools to automate guest communication, such as sending booking confirmations, check-in instructions, or post-stay reviews.
The “Ojalá Pricing Strategy” focuses on setting competitive rental rates while also considering the value of the overall guest experience. It involves…