A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
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A reduced rate offered to guests who book multiple rooms or a set number of nights, common for events or large groups.
Basic amenities provided in the bathrooms of short-term rentals, such as toilet paper, towels, soap, shampoo, and conditioner, enhancing guest comfort and…
Some property management companies offer brokerage services to help owners buy or sell short-term rental properties. These services can include market analysis,…
Providing high-end amenities and services, such as private pools, hot tubs, concierge services, or in-home chef experiences, to cater to discerning travelers.