A financial metric used to evaluate the profitability of a rental property, calculated as the annual pre-tax cash flow divided by the total cash invested.
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The total revenue generated from short-term rental bookings before deducting any expenses such as cleaning fees, platform commissions, or management fees.
A software or platform that automates the process of invoicing and payment collection for short-term rentals. An efficient ebilling system simplifies financial…
Combining various pricing models, such as nightly rates, weekly discounts, and seasonal adjustments, to optimize revenue while remaining competitive within the market.
Incorporating design elements that enhance the guest experience, such as comfortable furniture, intuitive layouts, and ample natural light.