Direct costs associated with providing short-term rental services, such as cleaning supplies, toiletries, and utilities, used to calculate profitability.
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Designated areas within a city targeted for redevelopment and revitalization, sometimes impacting short-term rental regulations and investment opportunities.
A metric calculating the annual rental income as a percentage of the property’s value, indicating the profitability of a short-term rental investment.
The speed at which hosts respond to booking inquiries and guest messages, crucial for securing bookings and providing excellent customer service.
A feature on platforms like Airbnb and VRBO that allows guests to book a stay immediately without host approval.