A financial ratio that measures the profitability of a short-term rental business by calculating the percentage of revenue remaining after deducting all expenses.
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A jacuzzi or hot tub designed to comfortably accommodate two people, adding a luxurious and relaxing element to a rental property.
Implementing loyalty programs for repeat guests using QR codes for tracking stays, rewarding loyalty, and offering exclusive benefits.
In a vacation rental context, an anchor tenant refers to a long-term guest who provides consistent income, often during the off-season or…
The process of welcoming and integrating new short-term rental owners who have hired a property manager or management company. This typically involves…