Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine profitability.
Fixed Costs
by admin|Published
Expenses that remain relatively constant regardless of occupancy rates, such as mortgages, property taxes, and insurance. Understanding fixed costs helps hosts determine profitability.
An estimate of a short-term rental property’s worth based on factors such as location, size, amenities, and comparable properties in the market.
Strategies and tactics employed to maximize income from short-term rental properties, encompassing dynamic pricing, occupancy rate optimization, and revenue stream diversification.
Collaborating with local businesses to host temporary events or experiences at the property, enhancing guest experience and potentially attracting new bookings.
A very short-term rental booking, typically for a few hours or less than a full night, often used for workspaces, meetings, or…
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