The process of determining the market value of a property for short-term rental purposes, considering factors such as location, amenities, rental demand, and comparable properties.
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Points of interest, landmarks, and entertainment options located near a short-term rental property, often highlighted in listing descriptions and guest guides.
Internet of Things devices used in short-term rentals for enhanced guest experiences, such as smart locks, thermostats, and lighting systems.
Periods of peak and off-peak travel demand, influencing pricing strategies and occupancy rates throughout the year.
Evaluating the financial viability of a potential short-term rental property by considering factors like purchase price, operating expenses, and projected revenue.