A metric used to measure the percentage of time a short-term rental property is booked over a specific period, indicating the property’s popularity and potential revenue generation.
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A luxurious amenity, particularly appealing in colder climates, where heating elements are installed beneath the floor to provide radiant warmth.
Practices and initiatives that promote environmentally friendly operations in short-term rentals, such as energy conservation, waste reduction, and responsible sourcing.
Additional perks and conveniences provided to short-term rental guests free of charge, such as toiletries, snacks, Wi-Fi, or parking.
The normal deterioration of a rental property and its furnishings due to guest use over time.