Utilizing digital tools and platforms designed to streamline tasks like booking management, communication, and financial tracking.
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Evaluating the financial viability of a potential short-term rental property by considering factors like purchase price, operating expenses, and projected revenue.
The average percentage of time a short-term rental property is occupied by paying guests over a specific period.
The percentage of time a short-term rental property is booked over a specific period. A higher occupancy rate generally indicates greater profitability.
Analyzing historical booking data to understand typical booking lead times, helping with forecasting and revenue management.