The average cost incurred to acquire a new guest, including marketing, advertising, and other expenses, used to measure marketing effectiveness.
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Amenities and modifications incorporated into a short-term rental to improve accessibility for guests with disabilities, such as ramps, grab bars, visual fire…
Creating a low-maintenance outdoor space using drought-tolerant plants, gravel, or artificial turf, minimizing upkeep costs and ensuring a presentable exterior.
Offering a discounted rate to guests in exchange for booking a non-refundable reservation, providing greater financial security for the host.
A legally binding contract between a property owner and a property manager that outlines the terms and conditions of their business relationship.