The process of determining the profitability of a short-term rental by subtracting expenses from revenue, expressed as a percentage.
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The surrounding area of a short-term rental property, including its proximity to attractions, amenities, and transportation. Understanding the neighborhood’s character and appeal…
The strategic distribution of vacation rental listings across multiple online travel agencies (OTAs) to expand reach and maximize bookings.
A booking option offered to guests at a lower price, but with a strict cancellation policy that forfeits the entire payment if…
A local government body that hears appeals and grants variances related to zoning regulations, potentially impacting short-term rental disputes.