Refers to a traditional business with a physical location, as opposed to an online-only business. In the context of short-term rentals, it can refer to a property management company with a physical office.
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A budgeting method where all expenses are justified for each new period, starting from a
The shortest duration for which a host is willing to accept a booking, often adjusted based on seasonality, demand, and operational efficiency.
The process of preparing a short-term rental for new guests between bookings, including cleaning, restocking supplies, and performing necessary maintenance.
A visual tool that helps hosts track occupancy rates, adjust prices, and manage bookings to maximize rental income throughout the year.