Formal records of the financial activities of a business, including the income statement, balance sheet, and cash flow statement. These statements are crucial for understanding the financial health and profitability of a short-term rental business.
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The use of internet-connected sensors to detect leaks in plumbing or appliances, enabling quick response and minimizing potential water damage.
The strategic pricing and availability management of short-term rental properties to optimize occupancy rates and maximize rental income.
A booking system integrated directly into a host’s own website, allowing guests to reserve without leaving the site, increasing conversion rates.
Software or platforms designed to assist short-term rental hosts in managing their finances, tracking expenses, forecasting revenue, and analyzing profitability.