The percentage of time a short-term rental property is booked over a specific period. A high occupancy rate indicates strong demand and revenue potential.
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The fee charged by a property manager or management company for their services, typically calculated as a percentage of the rental income…
A collection of essential supplies and resources readily available at the rental property to address unforeseen events, such as first-aid kits, fire…
Adopting environmentally friendly practices in short-term rental operations, such as using energy-efficient appliances, reducing water consumption, and offering eco-friendly amenities.
A pricing strategy where guests receive a reduced nightly rate when booking for an extended period, encouraging longer stays and potentially reducing…