A building or complex containing multiple individual units that are rented out as short-term rentals.
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A travel trend where tourists seek unique and immersive experiences beyond traditional sightseeing, often involving local activities, cultural immersion, or personalized adventures.
A pricing strategy where short-term rental rates are set lower than competitors to attract bookings and gain market share.
The measurement and evaluation of how effectively and efficiently business processes are being executed within a short-term rental operation.
Direct costs associated with providing short-term rental services, such as cleaning supplies, toiletries, and utilities, used to calculate profitability.