Key performance indicators (KPIs) used to measure the success and performance of a vacation rental business, such as occupancy rate, average daily rate, and guest satisfaction.
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A unique number assigned by a state government to businesses for tax collection purposes, often required for short-term rental operators.
Digital documents or emails provided to guests upon booking confirmation, containing essential information about the property, amenities, and local area.
A pricing strategy where hosts constantly adjust their rates up and down in response to competitor pricing and demand fluctuations.
Temporary price reductions offered to guests as incentives to book, often during low season or to attract last-minute bookings.