Additional income generated through offering extra services or amenities to short-term rental guests, such as airport transfers, grocery delivery, or guided tours.
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A strategy where someone rents a property long-term and then sublets it as a short-term rental for a higher price.
The percentage of time a short-term rental property is booked and occupied by guests over a specific period.
The normal deterioration of a rental property and its furnishings due to guest use over time.
The percentage of time a short-term rental property is booked over a specific period. A higher occupancy rate generally indicates greater profitability.