Strategies and techniques used by short-term rental hosts to maximize rental income by optimizing pricing, occupancy rates, and booking channels, often utilizing dynamic pricing algorithms and market analysis.
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Refers to the physical equipment and fixtures in a short-term rental, such as door handles, locks, appliances, and plumbing fixtures.
Maintaining accurate records of all income and expenses related to a short-term rental property for tax purposes and financial analysis.
Professional assessments of a property’s energy and water consumption patterns to identify areas for improvement and cost savings.
The use of high-quality, professional photographs to showcase a short-term rental property’s best features and attract potential guests.