The ongoing practice of monitoring and evaluating the short-term rental market on a weekly basis, identifying trends in pricing, demand, competitor activity, and local events that could impact rental strategies.
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The total income generated from short-term rental bookings within a three-month period, often analyzed to track seasonal trends and financial performance.
A sofa that converts into a bed by pulling out a hidden mattress platform from underneath the seating area.
Significant and impactful revenue milestones achieved in short-term rental operations, marking periods of substantial growth or profitability.
The various permits and licenses required to operate a short-term rental legally, depending on local regulations and property type.