The mathematical formula used to determine the dwell ratio, dividing the average property purchase price by the average annual rental income.
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A pricing strategy where short-term rental rates are set lower than competitors to attract bookings and gain market share.
The integration of technology into a short-term rental property to enhance guest experience and streamline operations. This can include smart locks, thermostats,…
Basic necessities and conveniences provided in a short-term rental to ensure a comfortable stay, such as toiletries, linens, towels, and kitchen essentials.
A visual representation of key performance indicators (KPIs) for your short-term rental business, tracking metrics like occupancy rate, average daily rate, and…