Similar to e-commerce, it refers to potential guests who initiate a booking on platforms like Airbnb or VRBO but leave before completing the reservation.
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The practice of establishing specific, measurable, achievable, relevant, and time-bound objectives for short-term rental businesses, such as occupancy rates or revenue targets.
A document signed by a guest that releases the host from liability for any damages or injuries that occur on the property…
A strategy where hosts purchase or rent properties in areas with lower property prices but high short-term rental demand, aiming to maximize…
A vacation rental location that is within driving distance for a significant portion of the target market.