Expenses incurred for the upkeep, repairs, and regular maintenance of a short-term rental property.
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Adjusting rental rates strategically during periods of lower demand, such as the off-season or weekdays, to attract more bookings and maximize occupancy.
The net amount of cash generated by a short-term rental property after deducting all operating expenses, including mortgage payments, utilities, and management…
An economic shift where consumers prioritize spending on experiences over material possessions, driving demand for unique and memorable travel experiences offered by…
A person who is travelling or holidaying, typically for leisure or recreation.