Tools that provide short-term rental hosts with comprehensive insights into their business performance, tracking key metrics like occupancy rates, revenue, expenses, and guest demographics.
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A pricing strategy where higher rates are charged for desirable features, amenities, seasons, or events.
Establishing a system for collecting and analyzing guest feedback to identify areas for improvement and make necessary adjustments to the rental experience.
(Derived term) Setting unrealistic expectations in STR, such as expecting full occupancy year-round, can lead to disappointment and frustration. It’s crucial to…
The terms and conditions that outline the rules and penalties for guests canceling their bookings, protecting both hosts and guests.