The practice of using market data, rental analytics, and pricing tools to estimate the potential profitability of a short-term rental property.
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Utilizing local Facebook groups to connect with neighbors, address concerns, and promote listings to potential guests within a specific geographic area.
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The revenue generated by hosts from short-term rentals after deducting expenses such as platform fees, cleaning costs, and maintenance.
The use of dynamic pricing tools and algorithms to adjust short-term rental rates based on factors like demand, seasonality, competitor pricing, and…