Refers to the cost advantages that larger short-term rental businesses can achieve due to their size. For example, they may get discounts on bulk purchases of supplies or have lower marketing costs per property.
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The base rate charged to guests for each night of their stay at a short-term rental property.
Evaluating the financial viability of a property as a short-term rental investment, considering factors like occupancy rates, expenses, and potential income.
The process of researching and comparing your short-term rental to competitors in the area to identify pricing trends, amenities, and marketing strategies.
A type of insurance policy that protects the physical structure of a short-term rental property from covered perils such as fire, windstorm,…