The surrounding area of a short-term rental property, including its proximity to attractions, amenities, and transportation. Understanding the neighborhood’s character and appeal is crucial for attracting guests.
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Glossary Term: Neighborhood Analysis
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The compatibility between a guest’s travel style, preferences, and the characteristics of the neighborhood where a short-term rental property is located, ensuring a harmonious and enjoyable experience for both guests and locals.
A small, relatively permanent statistical subdivision of a county or equivalent entity delineated by the US Census Bureau. Useful for analyzing demographic and economic data in proximity to a potential short-term rental investment.