A calculation of profitability that factors in all revenue and expenses associated with a short-term rental property, including mortgage payments, utilities, cleaning fees, and platform fees, providing a more accurate picture of the investment’s financial performance.
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Maximizing occupancy rates by securing frequent bookings, often achieved through competitive pricing, attractive listings, and effective marketing.
Guidelines and restrictions set by hosts for their short-term rental properties, such as no smoking policies, pet restrictions, or noise limitations, to…
A financial contract that gives the holder the right, but not the obligation, to sell a short-term rental property at a specified…
Refers to the use of technology and software to automate various aspects of short-term rental management, such as guest communication, booking management,…