The phenomenon of people moving away from major cities to seek a quieter lifestyle, often in rural or suburban areas. This trend can impact short-term rental markets in both urban and non-urban locations.
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Specialized software designed to help manage various aspects of short-term rentals, including bookings, guest communication, and finances.
A high-end short-term rental property that offers premium amenities, services, and furnishings.
A measure of a short-term rental property’s profitability, calculated by subtracting operating expenses from revenue, excluding debt service and income taxes.
Refers to the different categories of short-term rental listings, such as entire home/apartment, private room, or shared room.