A metric used to evaluate the profitability of a short-term rental investment, calculated as the net income generated divided by the total investment cost, expressed as a percentage.
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Research on the performance of short-term rentals in a specific area, including occupancy rates, average daily rates, and demand trends.
Implementing measures to protect the property from potential damages, such as requiring security deposits, offering damage waivers, or utilizing property monitoring systems.
A specific feature, amenity, or benefit that differentiates a short-term rental property from its competitors, making it more appealing to potential guests…
A promotional strategy where hosts offer free stays, discounts, or other incentives to attract guests, boost bookings, and increase visibility.