Providing dedicated workspaces within a short-term rental with features like desks, ergonomic chairs, and reliable Wi-Fi to cater to remote workers and digital nomads.
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The strategic approach to maximizing rental income through pricing optimization, occupancy management, and other revenue-generating tactics.
A designated savings account where a portion of rental income is set aside to cover future property maintenance and repair expenses.
(Used metaphorically) A win in STR that comes at a significant cost, such as getting a booking by lowering prices so much…
The process of researching and comparing your short-term rental to competitors in the area to identify pricing trends, amenities, and marketing strategies.