An estimate of the potential income a short-term rental property could generate over a specific period, based on factors like historical data, market trends, and seasonality.
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Glossary Term: Income
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A detailed summary provided by platforms like Airbnb and VRBO, outlining a host’s earnings, payouts, and booking activity over a specific period.
Additional income generated through offering extra services or amenities to short-term rental guests, such as airport transfers, grocery delivery, or guided tours.
The fluctuation in income that short-term rental hosts may experience due to factors like seasonality, demand, and competition.
A tool that provides estimated earnings for short-term rentals based on factors such as location, property size, and amenities.
The revenue generated by a short-term rental property owner or manager after deducting expenses such as cleaning fees, platform fees, and property maintenance.
A real estate investment strategy where a property is purchased specifically to rent out, often used for long-term rentals but applicable to short-term rentals as well.
The total revenue generated by a short-term rental property in a year, before deducting any expenses.