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Glossary Term: Revenue
54 posts
The ability to tailor pre-built reports in QuickBooks to focus on specific financial data points relevant to short-term rental management, providing insights into revenue streams, expenses, and profitability.
A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period, providing insights into the profitability of a short-term rental business.
The profit generated from a short-term rental property after deducting all operating expenses, including cleaning fees, property management fees, and platform commissions, from the rental income.
Research on the performance of short-term rentals in Oklahoma City, including occupancy rates, average daily rates, and revenue trends.
The significant increase in short-term rental bookings, prices, and revenue experienced in host cities during the Olympic Games.
The estimated number of active short-term rental listings and revenue generated in Olathe, Kansas, reflecting the scale of the local industry.
The rivalry among traditional lodging establishments like inns and short-term rentals in Old Lyme, Connecticut, for tourist bookings and revenue.
Measurable values that track the success and performance of a short-term rental business, such as occupancy rate, average daily rate, and guest satisfaction.
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.
A hypothetical data visualization tool that provides short-term rental hosts with key performance indicators (KPIs) like occupancy rates, revenue generated, and guest demographics.
The profit earned from a short-term rental property after deducting all expenses, including cleaning fees, management fees, and platform fees.