Estimating future rental income based on historical data, market trends, and anticipated occupancy rates to inform financial planning and investment decisions.
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Glossary Term: Revenue Projections
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Forecasting potential rental income based on factors such as seasonality, market demand, and historical data.
A prediction of future occupancy rates based on historical data, market trends, and other relevant factors, used to inform pricing and revenue strategies.
The process of forecasting income and expenses for a short-term rental business, ensuring profitability and financial sustainability.