The practice of analyzing data and implementing strategies to maximize revenue from a short-term rental property. This involves optimizing pricing, availability, and marketing efforts.
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The approach and methods used by a property manager or host in overseeing and operating a short-term rental business.
The percentage of time a short-term rental property is booked over a specific period, indicating its popularity and profitability.
An accounting method that allows property owners to deduct a portion of the property’s value each year to account for wear and…
Adjusting pricing for short-term rentals during periods of lower demand to attract bookings and maximize occupancy.