The percentage of time a short-term rental property is booked over a specific period, often used as a key performance indicator (KPI) for rental success.
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Usage Rate
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A system that allows guests to access the property without a physical key, typically using a code, app, or smart lock.
High-end amenities that enhance the guest experience and command premium rental rates, such as hot tubs, swimming pools, or concierge services.
A comprehensive assessment of a rental property’s condition, cleanliness, and functionality, typically conducted before and after each guest stay.
Employing advanced data analysis techniques like gyrokinetic simulations to optimize pricing strategies and predict booking patterns, maximizing revenue potential.