The process of calculating the profitability of a short-term rental property by measuring the financial returns (rental income, appreciation) against the investment costs (mortgage, maintenance, fees).
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Surveys or feedback forms used to gather structured insights from guests about their experiences with a short-term rental, focusing on aspects like…
Adjusting rental rates based on factors that could impact occupancy and revenue, such as seasonality, local events, and competitor pricing.
Implementing sustainable practices in short-term rental operations to minimize environmental impact.
A pricing strategy that adjusts nightly rates based on real-time factors like demand, seasonality, and competitor pricing.