A measure of the profitability of a rental property, calculated by dividing the annual net income by the total investment and expressing the result as a percentage.
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Proactive maintenance tasks and inspections conducted regularly to prevent potential issues and ensure the smooth operation of the property.
Implementing eco-friendly practices and reducing waste in short-term rentals, appealing to environmentally conscious guests and promoting sustainability.
Refers to the strategy of encouraging guests to book directly through a host’s own website or channels, bypassing third-party platforms and their…
The visual attractiveness and overall ambiance of a short-term rental property, influencing its appeal to potential guests.