The process of determining the optimal price to charge per night for a short-term rental, considering factors like seasonality, demand, competition, and property features.
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Implementing measures to ensure the safety and security of both your property and guests, such as smoke detectors, first aid kits, and…
Analyzing historical booking data to understand typical booking lead times, helping with forecasting and revenue management.
Implementing a budgeting method where all expenses are justified and allocated from a zero base each period, ensuring efficient financial management and…
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.