The process of tracking, analyzing, and reporting on the financial performance of a short-term rental property, including revenue, expenses, and profitability.
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Specific metrics used within QuickBooks to track the financial health and performance of a short-term rental business, such as Occupancy Rate, Average…
Software solutions designed to manage and integrate core business functions, including financials, operations, and customer relationship management, for larger short-term rental businesses.
In the context of short-term rental management, breakage refers to revenue lost due to cancellations, guest no-shows, or other unforeseen circumstances.
Regular upkeep, cleaning, and necessary repairs to ensure the rental property remains in good condition for guest stays.