The process of comparing key performance indicators (KPIs) of a short-term rental business, such as occupancy rates and revenue, from one year to the previous year to track progress and identify areas for improvement.
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A day or more left vacant between bookings to allow for cleaning, maintenance, or unexpected delays in guest checkout/new guest arrival.
The use of technology to automate and control aspects of a short-term rental, such as lighting, temperature, and security, enhancing guest convenience…
A common bed size in short-term rentals, typically measuring 60 inches wide by 80 inches long, suitable for couples or individual guests.
Local, regional, and national regulations that govern short-term rental operations, including zoning restrictions, licensing requirements, and tax obligations.