Refers to the days or nights when a short-term rental property is vacant and not generating revenue. Minimizing void periods is crucial for maximizing occupancy rates and profitability.
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Void Periods
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A record of all maintenance and repair tasks performed on the property, helpful for tracking expenses and ensuring property upkeep.
Using software or tools to keep booking calendars updated in real-time across all platforms, preventing double-bookings and ensuring accuracy.
Unique activities and attractions offered in the vicinity of a vacation rental, enhancing the guest experience and providing local insights.
The practice of establishing specific, measurable, achievable, relevant, and time-bound objectives for short-term rental businesses, such as occupancy rates or revenue targets.