Finding a balance between setting competitive rental rates that attract guests while also ensuring profitability for the host, considering factors like seasonality, demand, and competitor pricing.
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Applying the Pareto principle to identify the 20% of guests who generate 80% of the revenue, enabling hosts to tailor their services…
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Establishing systems and protocols for routine maintenance, repairs, and upkeep of the property to ensure guest satisfaction and prevent potential issues.
A day or more left vacant between bookings to allow for cleaning, maintenance, or unexpected delays in guest checkout/new guest arrival.