The percentage of time a short-term rental property is booked over a specific period. A higher occupancy rate generally indicates greater profitability.
Strategies and techniques used to maximize the occupancy rate of short-term rental properties, such as offering discounts, adjusting minimum stay requirements, and utilizing multiple booking platforms.
The financial return generated by a short-term rental property, calculated by dividing the net rental income by the property’s value or investment cost.
A metric used by investors to assess the potential profitability of a short-term rental property, calculated by dividing the projected annual rental income by the monthly mortgage payment.