A business model where individuals rent properties long-term and then sublet them as short-term rentals on platforms like Airbnb and VRBO, aiming to profit from the difference in rental rates.
Glossary Term: Profit
The profit earned from a short-term rental property after deducting all expenses, including mortgage payments, property taxes, utilities, cleaning fees, and platform fees.
An estimate of the profit a host can expect to earn from their short-term rental property after deducting all expenses, including mortgage, utilities, taxes, and fees.
The revenue generated from short-term rental bookings, calculated by subtracting expenses like cleaning fees, platform fees, and taxes.
The estimated revenue a short-term rental property can generate, considering factors like location, property size, amenities, and seasonality.
The revenue generated by a short-term rental property owner or manager after deducting expenses such as cleaning fees, platform fees, and property maintenance.