A vacation rental location that is within driving distance for a significant portion of the target market.
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A reservation made directly through a host’s website or personal booking platform, bypassing third-party listing sites like Airbnb or VRBO.
A metaphor for rapidly increasing profits in short-term rental management through strategic optimization of pricing, occupancy rates, and operational efficiency.
The process of compiling income and expenses related to short-term rental activities for accurate tax filing, often involving specific forms and deductions.
Significant and impactful revenue milestones achieved in short-term rental operations, marking periods of substantial growth or profitability.