A type of furnished, short-term rental typically used by business travelers, often managed by specialized companies.
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The average amount of revenue generated per booking, calculated by dividing the total revenue by the number of bookings.
Responding to guest inquiries, concerns, or feedback with understanding, empathy, and a genuine desire to provide assistance and resolve any issues effectively.
Emerging patterns and preferences shaping the short-term rental industry, influencing guest expectations, property features, and marketing strategies.
An agreement where a property owner grants a single property manager or platform exclusive rights to market and manage their short-term rental.