The process of examining a PnL statement to identify trends, patterns, and insights into the financial performance of a short-term rental business.
PnL Analysis
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PnL Analysis
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The minimum number of nights required for booking a short-term rental, often varying depending on seasonality, weekends, and special events.
A key metric for short-term rental businesses, representing the predictable income generated from recurring subscriptions or services, such as property management fees.
The speed and quality of communication between hosts and potential or current guests, influencing booking decisions and overall guest satisfaction.
A pricing strategy where the advertised rental rate only covers the base cost of the stay, and additional fees for cleaning, extra…