A summary document generated every three months, analyzing key metrics such as occupancy rate, revenue generated, and guest satisfaction to assess the performance of a short-term rental business.
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A feature on some platforms that allows guests to book a property instantly without waiting for host approval, often increasing booking rates.
Tailoring marketing efforts to attract young professionals seeking stylish and conveniently located accommodations for work trips or leisure travel.
The process of determining the profitability of a short-term rental by subtracting expenses from revenue, expressed as a percentage.
Patterns and fluctuations in the demand for short-term rentals in a particular location, often influenced by seasonality, events, and travel trends.