The average amount a guest pays per night to stay at a property, excluding fees and taxes.
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Digital tools and platforms that streamline the guest onboarding process, such as automated messaging systems, digital welcome guides, and online check-in forms….
The fundamental economic principle that influences short-term rental pricing, where higher demand and limited supply lead to increased prices, and vice versa.
The process of obtaining the necessary licenses and permits from local authorities to legally operate a short-term rental.
Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine…