Regularly evaluating and comparing a short-term rental property to competitors in the market to identify areas for improvement, adjust pricing strategies, and maintain a competitive edge.
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A person who is travelling or holidaying, typically for leisure or recreation.
The collective understanding and expertise within a short-term rental company regarding its operational processes, best practices, and industry standards.
The remaining income from a short-term rental after deducting all expenses, including cleaning fees, management fees, and operating costs.
The financial return generated by a short-term rental property, calculated by dividing the net rental income by the property’s value or investment…