A segment of the short-term rental market characterized by bookings for short stays, often within driving distance of guests’ homes.
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A metric that measures the percentage of time a vacation rental property is booked over a specific period, indicating its occupancy performance.
The upfront costs associated with acquiring and setting up a short-term rental property, including purchase price, renovations, furnishings, and initial marketing expenses.
Proactive measures taken by short-term rental hosts to minimize the risk of property damage by guests, including clear house rules, security deposits,…
A software tool that allows hosts to manage their listings and bookings across multiple platforms (e.g., Airbnb, VRBO) from a central dashboard.