Specialized software or platforms designed to monitor and analyze key performance indicators (KPIs) relevant to short-term rental businesses, such as occupancy rate, average daily rate, and revenue per available rental.
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Regulations and restrictions imposed by homeowner associations that may impact short-term rental operations, such as rental caps or noise limitations.
The environmental impact of a short-term rental, considering energy consumption, waste generation, and transportation.
Engaging in industry events, online forums, and local meetups to connect with other short-term rental hosts, learn best practices, and build relationships.
A term for a host who approaches their short-term rental business with an entrepreneurial mindset, constantly seeking growth, innovation, and new opportunities.