Evaluating the financial viability of a potential short-term rental property by considering factors like purchase price, operating expenses, and projected revenue.
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Regularly evaluating and comparing a short-term rental property to competitors in the market to identify areas for improvement, adjust pricing strategies, and…
Different sources of income generated by a vacation rental, including nightly rates, cleaning fees, and additional services.
A pricing strategy that considers factors like demand, seasonality, and competitor pricing to optimize rental rates based on guest behavior.
The act of leaving feedback and ratings about a vacation rental experience, influencing the property’s reputation and future bookings.