The regular exchange of information between hosts and guests throughout a weekly booking period, covering topics like check-in instructions, local recommendations, and addressing any guest inquiries.
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Defining specific and measurable financial targets for a short-term rental property, such as desired occupancy rate or net income.
Regular assessments, conducted every three months, of key performance indicators like occupancy rates, booking trends, and revenue to inform business decisions.
A feature on platforms like Airbnb and VRBO that allows guests to book a short-term rental instantly without needing host approval.
A strategic gap intentionally left in the booking calendar to accommodate unforeseen circumstances, such as last-minute cancellations or cleaning delays.