A measure of the profitability of a short-term rental property, calculated by subtracting operating expenses from revenue.
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A reservation for a single night at a short-term rental property.
Making data-driven decisions about property acquisitions and investments based on the booking patterns, preferences, and profitability of the defined target market.
A documented record of guest communications, property condition reports, and incident details used for resolving disputes, insurance claims, or legal issues.
Encompasses all aspects of a guest’s stay, from pre-booking communication to post-stay follow-up, aiming to provide a positive and memorable experience.